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Being unable to pay for bills is very common - in fact, nearly every Canadian has been faced with this reality at some point in her or his life, borrowing from one credit card to pay for another one.  Read More

One common problem families face when they go bankrupt is they don’t have the financial resources to go through the bankruptcy process. This can seem like a never-ending cycle, but it’s important to remember the long-term benefits of declaring bankruptcy and the resources available to help pay for the bankruptcy process.  Read More

Earlier in 2016, the Ontario government under Kathleen Wynne announced they would be trialing a basic income program within the 2016 budget. This announcement has prompted government figures at the Federal level to investigate the possibility of instituting basic income for all Canadians.  Read More

In a successful lawsuit, garnishment of wages and bank accounts may be awarded in the judgment. Since income assistance isn’t considered a wage, it cannot be garnished by regular creditors. If you owe the government money, you may see deductions from your usual government income.  Read More

A bank loan is the most common form of loan capital for businesses. The loan is based on the value of the said business/collateral and its potential ability to pay off the loan.  Read More

Bankruptcy, a government law that allows you to seek relief from your debt and creditors, is sometimes the only means to be able to regain financial stability. There are several reasons why someone might file for bankruptcy to begin with, and many of these reasons could easily happen to anyone. Loss of Job.  Read More

Filing for bankruptcy can be one of the best ways to gain control over your financial situation. However, there are some things to take into consideration during the process to ensure that everything goes as smoothly as possible. If you are considering filing for bankruptcy, contact our team at Kevin Thatcher and Associates is today.  Read More

In some cases, bankruptcy may be the only option in order to regain financial stability again. While bankruptcy can be a stressful event on its own, children can certainly compact this stress as parents will undoubtedly be concerned as to how bankruptcy may affect their well-being.  Read More

Education can be expensive. By the time your children are adults, education is likely the largest expenditure you will have incurred in raising them.  Read More

Becoming a parent is often the most wonderful and magical time of person’s life, but it can be difficult to enjoy the miracle of creating life when you are burdened by financial debt. Raising a child is not cheap, and all the prospective bills can seem catastrophic for a couple in debt. However, there are ways to manage it.  Read More