financial literacy

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 ...

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ponzi scheme

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 ...

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consumer debt

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 ...

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RDSP bankruptcy

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 ...

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bank demand

What to do When a Bank Makes a Demand on you or your Business?

Click here to read the article from David Ullman at Blaney McMurtry LLP on the 5 things you should know when a Bank issues you, ...

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plate denial - 407 toll

Lawsuit over 407 toll debts settled for $8 million

The private company that maintains the 407 toll highway has agreed to pay almost $8 million to settle a four-year-old lawsuit over bankrupt drivers who ...

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plate denial - 407 toll

407 Plate Denial for Bankrupts and Consumer Debtors, Lifted

On November 13, 2015, The Supreme Court of Canada decided that the Bankruptcy and Insolvency Act (BIA) overrides the plate denial provisions of the Highway ...

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after bankruptcy

Life After Bankruptcy

For many individuals, they are unclear about if, and when, they are able to apply for and receive credit after they have filed for personal ...

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Canada Post Work Disruption

Potential Mail Disruptions

Canada Post is currently in negotiations with the Canadian Union of Postal Workers and has given 72 hours’ notice that employees will be locked out ...

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equity and foreclosure

Treatment of Equity in Real Estate While Under Bankruptcy

Bankrupts should be aware that any increases in their property value, while they are in bankruptcy, becomes an asset in their estate that will need to ...

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Bankruptcy Trustee

Real Estate and Bankruptcy – Trustee’s Perspective

In order to properly evaluate the real estate scenarios in bankruptcy administration, the Trustee must take into consideration the following: Obtain legal description of the property Having ...

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bankruptcy and real estate

Real Estate and Bankruptcy – Bankrupt’s Perspective

By virtue of Sections 67(1)(c)1 and 712 of the Bankruptcy and Insolvency Act, upon filing and assignment with the Official Receiver, all property3 of the bankrupt immediately passes ...

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Crowe contact

Contact Us

Crowe Soberman Inc.
Licensed Insolvency Trustee

2 St. Clair Ave. E, Suite 1100
Toronto, ON M4T 2T5

Toll Free: 1.877.929.2501
GTA: 416.929.2500