Posts

debt relief

136 – How to Plan Your Debt Relief

Having a debt relief plan is the first step towards achieving financial freedom. Find the resources you need to boost your financial literacy. Avoid insolvency that leads to filing a Bankruptcy or a Consumer Proposal. Get the debt help you need from a Licensed Insolvency Trustee in this timely podcast.

Consumer Proposals and Debt Relief Guide

133 – A Guide to Consumer Proposals and Debt Relief

If you are struggling with your finances, this debt relief guide looks at filing a Consumer Proposal as a viable debt solution. Would this be the best debt relief option for you? Find out why seeking financial advice from a Licensed Insolvency Trustee can be the best way forward. They are the only professionals authorized to file a Consumer Proposal.

switch bankruptcy to consumer proposal

127 – Can You Switch Between Bankruptcy & Consumer Proposal

Can you switch your Bankruptcy to a Consumer Proposal or can you have an annulment of your Consumer Proposal and file a Bankruptcy instead? What are the advantages and disadvantages? When would it make sense to make the switch? These questions and more are answered in this informative, timely podcast.

consumer proposal vs bankruptcy

124 – Consumer Proposal vs. Bankruptcy: Making the Right Decision for Your Financial Future

Struggling with unmanageable debt and wondering which debt relief option you should be considering – filing a Consumer Proposal vs Bankruptcy. Which one provides the best chance of asset retention and has the least effect on your credit rating? Listen to this financial advice before making a decision.

millennial money

24 – Millennial Money: Millennials and Their Financial Problems

Today’s podcast looks at the millennial generation and their relationship with money. Matthew Fader, Licensed Insolvency Trustee with Allan Marshall & Associates, delves into what kind of debt is incurred by different age groups, and why.

addiction and debt

23 – Addiction and Debt Problems: How to Deal With Them

Licensed Insolvency Trustee, Matthew Fader with Allan Marshall & Associates, takes a look at how addictions can affect household debt. Addictions are not as easy to spot these days – as online gambling and shopping have evolved over time. 

licensed insolvency trustee

22 – What Is a Licensed Insolvency Trustee and How Can They Help?

Choosing a debt advisor is an important step in debt recovery. The market is flooded with unlicensed and unregulated ‘debt consultants’ who charge a fee and then refer debtors to a Licensed Insolvency Trustee. In this podcast Licensed Insolvency Trustee, Derek Chase, explains in detail who these professionals are and what they do.

good debt vs bad debt

21 – Differences Between Good Debt and Bad Debt

According to the latest Stats Canada report there was $1.73 in ‘credit market debt’ for every $1.00 of household disposable income. Canadians are taking on more debt. But taking on debt is fine as long as most of it is ‘good debt’.

when to declare bankruptcy

20 – When to Declare Bankruptcy in Canada

As the COVID-19 pandemic drags on, debt-ridden Canadians are seeing their quality of life diminish. Seventy percent of those surveyed say that new debt is making their quality of life worse. If you are struggling, you may be wondering just when you should be reaching out for help.

bankruptcy demographics

19 – Bankruptcy Demographics: Who Files for Bankruptcy?

Although the COVID-19 pandemic has likely created more financial distress for Canadians, Bankruptcy filings have declined. However, there is often a delay between when people start to recognize the severity of their debt problems and when they take action. Who are the people that file for Bankruptcy? You may be surprised. Licensed Insolvency Trustee, Jillian Taylor-Mancusi of LCTaylor delves into who the typical debtor is and why they end up declaring Bankruptcy.