Should I continue my consumer proposal or file for bankruptcy?

February 25, 2015

I had 2 interesting phone calls this week. Both callers wanted to know if they should continue with their consumer proposal or file for bankruptcy. In both cases I have not used their real names. Henry had filed a consumer proposal with another firm. This other firm does not have pre-authorized payment and he found […]

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What do you do when the creditors keep calling?

February 3, 2015

I just got off the phone with a very rude creditor. The call ended with the bank hanging up on me. Nice customer service Big Bank. What do you do when the creditors keep calling after you have filed for bankruptcy? It is only natural that you are going to receive calls. We have to […]

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Collection Agency Ignoring Bankruptcy

December 9, 2014

Two months ago I received a panic text message from a friend of mine. I will call her Ashley (not her real name). 7 years ago, due to some family issues, Ashley had to file for bankruptcy (not with Hoyes, Michalos) to deal with her debt. She completed all of her duties and was discharged […]

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The importance of having a balanced budget

August 6, 2014

Everyone should have a budget. If you have debt you also need to account for the debt payments in your budget. If you are making payments on your debts and just making ends meet, or struggling to make ends meet, either a bankruptcy or consumer proposal will help you deal with your debt and will […]

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The Great Piggy Bank Adventure

July 30, 2014

While waiting for our Fastpass time recently at Walt Disney World my family and I decided to pass some time walking around and came across the Great Piggy Bank adventure. The purpose of the game is to set a financial goal and then through a series of challenges, determine if you have saved enough money […]

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Where you Effected by the Fire at Bonduelle?

July 22, 2014

Like everyone in the Windsor area, I was shocked to awake to the news of the massive fire at Bonduelle, but relieved to hear that everyone made it out safely and that production is able to start again. As I listened to the reports coming in, I was surprised to hear one employee’s reaction. While […]

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Financial Planning Starts Early

July 3, 2014

The Office of the Superintendent of Bankruptcy has a series of booklets for children about financial planning. I decided to bring a booklet home and try the activities with my son. He gets an allowance, and he is allowed to spend a certain amount on something he wants. The rest goes into savings. I read […]

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