Trustee Talk #103 – Doug Stuive Discussing Debt Issues Affecting Canadians
November 10th, 2015 by A Licensed Insolvency Trustee
Bankruptcy-canada.ca: Trustees Talk
Most Recent ‘Trustees Talk’ Posts
Trustee Talk #102 – Jillian Taylor Discussing Debt Issues Affecting Canadians
October 14th, 2015 by A Licensed Insolvency Trustee
Trustee Talk #101 – Barton & Desmond Discussing Debt Issues Affecting Albertans
September 25th, 2015 by A Licensed Insolvency Trustee
In Canada, High Debt is the “New Normal”
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 […]
Cambridge Life Solutions Reviewed by Maclean’s
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 […]
Credit Education Week Canada 2011
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. […]
Supreme Court Decision – Will it Lead to Changes in Bankruptcy Law in Canada
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 […]
Gift Cards are Worthless if the Store is Bankrupt
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 […]
Bankruptcy Rate Drops in Canada
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 […]