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Many people are aware that payday loans are a bad idea, but they continue to use them anyway. Why? Fast cash. Where else can you get a few hundred dollars in just a few hours – with no credit check? Payday loans may seem like a great way to pay for unexpected expenses or buy groceries until payday comes along.  Read More

The situations that require people to file for personal bankruptcy are extremely stressful. There are many reasons why people may find themselves in a financial black hole: unemployment, severe illness, and divorce being just three reasons why someone may be unable to repay their creditors.  Read More

Re-establishing your credit rating after declaring personal bankruptcy can be difficult, but it’s not impossible. Your goal is to manage your money, avoid future bankruptcy, and restore your credit rating. Meet these goals by making, and following, a credit plan. You must make a plan to avoid having to file for bankruptcy again.  Read More

If you are having financial trouble, you may have thought about going to see a trustee. One of the things you will see our office advertise is a free consultation. Now, everyone loves to hear that something is free, but is there a catch? Will you be pressured into signing papers?  Read More

A number of factors determine length of bankruptcy proceedings. Income, size of family, and previous declarations of bankruptcy decide the date of discharge from bankruptcy. Even after you have been discharged, loans that were excluded from consideration in proceedings remain your responsibility.  Read More

You are considering bankruptcy because of unmanageable debt. In short, bankruptcy wipes out most debts. Collections are resolved, legal action from your creditors is stopped, and wages are not garnished (except support payments). A trustee is a licensed financial expert who guides you through bankruptcy proceedings.  Read More

Detroit's bankruptcy should motivate everyone, to think carefully about their financial choices. No one knows how Detroit will pull itself out of this tailspin. But at least we can learn these five things from the city's mistakes. During the 1950s, Detroit was one of the U.S.'s most prosperous cities.  Read More

If you owe money to the Canada Revenue Agency (CRA), you must take steps to avoid late payments. Any late payments owed to the CRA are subject to interest and penalties. Payment must be made by May 1, 2015 for the 2014 tax year. Additionally, any incorrect (falsified) tax returns will be penalized.  Read More

If your financial situation is becoming unbearable and you have overwhelming and mounting debts --debts which you are unable to repay despite your best efforts—you should consider consulting with a bankruptcy trustee. In some cases, you will be able to repair your financial situation without having to file for personal bankruptcy.  Read More

There are many myths about bankruptcy which can make people afraid of filing but if you are an honest debtor in an overwhelmingly bad financial situation, you must take steps to resolve it before the situation gets even worse. Bankruptcy may be the cheapest and quickest way to solve your financial problems.  Read More