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Whether you are over your head in credit card debt or several months behind in paying your bills, it can be overwhelming. Keeping track of multiple creditors and making many monthly payments is difficult, especially if you don’t feel like you are getting anywhere. You may not be able to see a way out. However, it doesn’t have to be like that.  Read More

Canadian debt levels are on the rise again according to Statistics Canada. Recent numbers show that the average Canadian owes $1.71 for every dollar they spend. Things don’t look much better for Canadian businesses. About 44 percent of businesses say they have reached their borrowing limit.  Read More

Many view filing for bankruptcy as a last resort — and it is. Bankruptcy is a pivotal debt relief solution that becomes necessary when you cannot stay on top of your bills due to unemployment, bereavement, and other extreme life events.  Read More

As Canadians grapple with financial instability, many are forced to re-examine their finances to ensure their survival and secure their future amidst this turmoil. Unemployment benefits and social assistance, lines of credit, and emergency savings are designed to assist with precarious financial situations.  Read More

The idea of bankruptcy can be scary if you have been experiencing ongoing financial challenges. However, if all other solutions have failed, it could prove to be the best decision you ever make. The decision to file for bankruptcy is never easy.  Read More

Living in Ontario isn’t cheap. And the past year has been financially difficult for many people. If you live in Ontario and think you may have to declare bankruptcy, we’re here to tell you it’s not the end of the world.  Read More

There was a time when filing for bankruptcy in Toronto seemed like the end of any future financial aspirations. Now, bankruptcy is often an answer to a question of insolvency and opens the doors to a new life filled with new possibilities. As an insolvency and bankruptcy expert in Toronto, Kevin Thatcher & Associates, Ltd.  Read More

The term “bankruptcy” is not the life sentence it used to be, but it often fills us with dread when it is uttered. Working in this industry, we understand the intimidation and worry concerning bankruptcy, and how difficult it is to watch those we care about to undertake the process.  Read More

The very idea of having to go to court can be intimidating for many, regardless of the reason or the offence for which you are paying the visit. However, this doesn’t have to be the case, especially when you’re filing for bankruptcy.  Read More

Financial problems can be a burden which can manifest in several ways, and negatively impact an individual. Financial stresses can lead to many physical and psychological health problems, including depression and anxiety.  Read More