Limits within Limitations

Canadians may have a possible way out from under the haunting of old debts—the only catch is that it can still ruin your credit profile. The ...

Back-to-School Spending Advice

According to an article posted by Global News, a recent survey from RetailMeNot found “North American parents can spend an average of $507 on back-to-school ...

What to Expect when you Contact a Licensed Insolvency Trustee

You’re worried about not being able to pay your debts. Either you are receiving collection calls or unable to make minimum payments. Your situation may ...

Will Canada Enter a Recession in 2019?

Download the PDF version of the full infographic here. Connect with the Author Linda Stern is a Senior Manager and Licensed Insolvency Trustee at Crowe Soberman Inc. ...

Crowe Soberman Inc. Welcomes Linda Stern

TORONTO, ON – February 22, 2019 – Crowe Soberman Inc., the corporate recovery and insolvency arm of Crowe Soberman LLP, has recently welcomed Linda Stern, ...

Raising Interest Rates: Everyday Challenges for Canadian Consumers

After 10 years of working to lessen the impact of the last recession, the Canadian Central Bank has begun to tighten its monetary policy and ...

Ontario Releases Consultation Paper on Debt Collection

The Ontario Ministry of Government and Consumer Services has recently issued a consultation paper entitled “Consultation on Collection and Debt Settlement Services Act Regulation Reform” ...

Broke Bosses and Employee Rights in Corporate Restructuring and Bankruptcy

Businesses close every day in Canada, and for those that end with a bankruptcy filing or a court appointed receivership proceeding under the Bankruptcy and ...

Ontario Grade 10 Students Start Financial Literacy Lessons

Allegra Fiorino laughs when asked if she was ever taught financial literacy at her Toronto high school. “I can confidently say that, no, I never ...

Calculating the Winners and Losers in a Ponzi Scheme

In Alberta a recent alleged Ponzi scheme has helped clarify how trust funds deposited into a single bank account should be distributed to creditors. The Alberta ...

Equifax Canada Report: Consumer Debt is on the Rise

Be wise and spend carefully over the holiday season. Equifax Canada has reported that low interest rates, and falling oil prices, have driven up consumer debt ...

RDSP Funds Cannot be Seized by Trustee for Creditors

A recent decision in the Supreme Court of BC ordered that funds in a Registered Disability Savings Plan (RDSP) could not be seized by the ...