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Hamilton (905) 769-2005

Consumer Proposal in Toronto

Owning your first home is an exciting milestone, but for many people, it may seem like a hopeless or impossible dream. If you want to purchase a home in the next few years, but currently find yourself in debt, a Licensed Insolvency Trustee (LIT) can help.

Debt Consolidation in Hamilton and Toronto

In a perfect world, all of your personal debts (including mortgages, credit cards, car payments, personal loans, lines of credit, etc.) would be fully paid off before you retire. This is generally considered ‘best practice’ because upon retirement, we rely on subsidized income (such as retirement savings, workplace pensions, RRSPs, CPP) for our living expenses.

Bankruptcy Services Toronto

Although filing for personal Bankruptcy can seem scary, it’s important to remember two things: First, Bankruptcy isn’t the only option when you’re struggling with debt. You may have other alternatives that your Licensed Insolvency Trustee can explore with you, such as debt consolidation, credit counselling, or Consumer Proposals. Second, Bankruptcy isn’t a punishment—it’s a solution,

The Bank of Canada has raised their interest rates for the second time this year, and while economists assure us that this is a sign of faith in the stability and growth of our economy, the increased rates will impact the costs of debt for residents of Toronto and Hamilton, as well as every household across

Tim Geary Consumer Proposal

Our very own Tim Geary, Licensed Insolvency Trustee, explains what a Consumer Proposal is and how this legal process can help individuals in Toronto and Hamilton to become debt-free.

Personal Bankruptcy Filing Toronto

The decision to file for Personal Bankruptcy is never made lightly. For some people in serious financial distress, it is the most effective course of action to eliminate debt once and for all. Once you have decided – in consultation with a Licensed Insolvency Trustee – to file for Bankruptcy and get started on the

Filing for Personal Bankruptcy in Toronto

There are a number of reasons why people may find themselves in debt and filing for personal Bankruptcy in Toronto, including an unexpected job loss, health problems resulting in medical bills or lost wages, marital breakdown and the cost of starting over, unpaid income tax, and financial mismanagement to name a few. In this blog

Personal Bankruptcy is typically a final course of action for an individual in great financial distress. Together with your Licensed Insolvency Trustee (LIT), you will review your unique personal situation. If your debt cannot be resolved through other options like credit counselling, debt consolidation, or a Consumer Proposal, your LIT may recommend Bankruptcy. It is

Licensed Insolvency Trustee

“Sign up for a new credit card today, and receive 20,000 bonus points!” “Increase your credit limit in the next 30 days, and we’ll waive your fee for the first year!” “First time credit card applicant? You won’t want to miss this special low interest rate!”

Credit Counselling in Toronto

If you or a loved one are struggling with debt, just remember that there is a way out. There are many options available that can help you regain control and put an end to your financial struggles. When you are looking to reduce personal debt, your first plan of action should be to seek help