Learning center

What would you like to learn about?
Know Your Options Money Management Systems Pay Cheque Planner Rebuilding Your Credit Surplus Income Tips for Seniors Uncategorized
What is a Stay of Proceedings?
Author : stevewelker Tag : bankruptcy Consumer Proposal debt garnish stay of proceedings
25.11.2014
Stay of Proceedings When a "Stay of Proceedings" is in effect, creditors cannot "commence or continue any action, execution, or other proceedings, for the recovery of a claim provable in bankruptcy."  In other words, all creditor action is paused. Making an assignment...
Read More
Senior Citizens and Debt
Author : stevewelker
Tag : bankruptcy Consumer Proposal debt senior senior citizen
21.11.2014
Senior Citizens and Debt I wish that it wasn't the case, but I am seeing Senior Citizens in my office more often every month.  As noted in the recent...
Read More
Can A Permanent Resident File For Bankruptcy?
Author : stevewelker
Tag : bankruptcy citizenship Consumer Proposal debt permanent resident residency sponsor
19.11.2014
Can A Permanent Resident File For Bankruptcy? Yes.  As a permanent resident of Canada, you are able to make an assignment in bankruptcy or consumer p...
Read More
Exempt vs. Non-Exempt Assets
Author : stevewelker
Tag : appliances assets automobile bankruptcy car Consumer Proposal debt exempt furniture insurance non-exempt RRSP
13.11.2014
Exempt vs. Non-Exempt; What the heck does that mean?  In Ontario, certain assets are exempt from seizure or judgment proof.  Ontario is an organized p...
Read More
Is Bankruptcy Confidential?
Author : stevewelker
Tag : bankrupcy bankrupt bankruptcy confidential confidentiality Consumer Proposal
12.11.2014
Personal finances are a private matter, so it's not surprising that people want to keep their bankruptcy confidential. Is Bankruptcy Confidential? B...
Read More
Lest We Forget
Author : stevewelker
Tag : bankrupcy bankrupt bankruptcy confidential confidentiality Consumer Proposal
11.11.2014
Welker and Company paused this morning at 11:00am in solemn remembrance of the many men and women who sacrificed so much so that we could be free toda...
Read More
Tips When Switching Banks
Author : stevewelker
Tag : banking bankruptcy Consumer Proposal switch switching banks
10.11.2014
At Welker and Company, we always recommend that individuals making an assignment in bankruptcy or consumer proposal switch banks and attempt to close ...
Read More
Directors Liability
Author : stevewelker
Tag : banking bankruptcy Consumer Proposal switch switching banks
4.11.2014
Directors Liability Not all directors sit around mahogany tables in 80th floor board rooms.  Most are small business owners who have incorporated the...
Read More
November Is Financial Literacy Month
Author : stevewelker
Tag : budget budgeting free workshop
3.11.2014
November Is Financial Literacy Month The Financial Consumer Agency of Canada has organized events throughout Canada during the month of November to i...
Read More