November 10th, 2015 by A Licensed Insolvency Trustee
Lets get started with a formal introduction. You can give me your full name, your business name and your website address? My name is Doug Skive, I’m a Bankruptcy Trustee and Senior Vice President at MNP Limited. Okay Doug and how many years have you been a Bankruptcy Trustee? I received my designation in 1998. […]
October 14th, 2015 by A Licensed Insolvency Trustee
Ontario, our primary office is in Winnipeg and we also have a remote office in Kenora, Ontario. What would you say the top three causes of debts problems are that bring clients to your door?” Who would you say that a Bankruptcy Trustee works for? What would you say most people are worried about when […]
September 25th, 2015 by A Licensed Insolvency Trustee
Thank you for your time this afternoon gentleman, now let’s get started with the vital information. Your name, business name and your website address. All right, my name is Barton Goth. The name of the firm is Goth and Company. We operate out of Edmonton. Our website address is www.gothandcompany.com that is all spelled out, small […]
September 24th, 2012 by A Licensed Insolvency Trustee
Today my firm, released a Harris/Decima survey of over 1,000 Canadians, asking about their attitudes towards debt. We discovered that even though we have a lot of debt, we do not appear to be concerned about it, and I find that frightening. Statistics Canada tells us that the average adult in Canada is carrying debt […]
March 22nd, 2012 by A Licensed Insolvency Trustee
If you are in financial difficulty and are considering using a debt settlement company to deal with your debts, then you really should pick-up a copy of the March 26, 2012 Maclean’s Magazine. On page 39 you will find an article titled Growing (debt) pains: Cambridge Life Solutions offers a lifeline to indebted Canadians—using a […]
November 14th, 2011 by A Licensed Insolvency Trustee
Credit Education Week in Canada runs from November 14 to November 18 this year, and is designed to teach Canadians about the proper use of credit. We’ve reported on it before, in our articles on, Credit Education Week 2010 – The Language of Money, and Credit Education Week in Canada 2010 – Some Final Thoughts. […]
July 18th, 2011 by A Licensed Insolvency Trustee
On July 14, 2011 the Supreme Court of Canada released its decision in the case of Schreyer v. Schreyer. Why are we discussing a Supreme Court of Canada decision in a blog about bankruptcy in Canada? Because this case confirms a long held principle of bankruptcy law, but it also forces us to consider whether […]
April 4th, 2011 by A Licensed Insolvency Trustee
Gift cards are a nice, convenient gift, but what happens if the store declares bankruptcy in Canada? The answer: you’ve got a problem. Last week Global TV News ran a story about the bankruptcy of Tabi, a large women’s clothing retailer with 78 stores across Canada. All stores are being liquidated, and the liquidator is […]
March 28th, 2011 by A Licensed Insolvency Trustee
The bankruptcy rate in Canada dropped in 2010, according to statistics recently released by the Office of the Superintendent of Bankruptcy. That’s good news, right? Yes and no. First, let’s review the numbers. In 2010 a total of 135,008 Canadians filed a consumer proposal or personal bankruptcy. That’s an 11% drop from the 151,712 who […]