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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 place.  We have a system for people to collect their debts.  The first step is for a creditor to seek a judgement from a,...
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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...
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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...
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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 ...
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Corporate Director’s 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...
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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...
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Credit Cards
Author : stevewelker
Tag : affect bankruptcy Consumer Proposal credit credit card debt effect
31.10.2014
What happens to my credit cards when I file a consumer proposal or assignment in bankruptcy? Upon making an assignment in bankruptcy or consumer prop...
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Bankruptcy and Insurance
Author : stevewelker
Tag : bankrupt bankruptcy canada debt exempt exemptions insurance ontario policy
30.10.2014
Under the Insurance Act of Ontario if your insurance policy's beneficiary is your spouse, child, parent, or grand child then the value of the policy i...
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Purposes of the Bankruptcy System
Author : stevewelker
Tag : bankruptcy canada purpose system
29.10.2014
What are the Purposes of the Bankruptcy System in Canada? While it's not something anyone wants to be involved in, Canada's bankruptcy and insolvency...
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