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COVID-19 Update: Learn about how our debt solutions are even more accessible during COVID-19 and how we can help. Read More.

Press Room

COVID19 Order Provides Payment Extension For Consumer Proposals

  • April 27
  • By: Michael Krieger
  • Category: Consumer Proposal Articles , Press Room
  • Date: April 27, 20202020-04-27T18:48:25-04:00
    • 25756
A court order was issued by the Ontario Superior Court of Justice on Monday, April 27, 2020, based on a motion filed by the Attorney General of Canada on behalf of the Superintendent of Bankruptcy. This order provides Ontarians who have filed for insolvency with greater flexibility to meet their obligations during this time of economic uncertainty by offering a payment extension. This includes …
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COVID-19: We’re Here To Help With Changes To Our Debt Solutions During COVID-19

COVID-19 Insolvency Trustee
  • March 26
  • By: Michael Krieger
  • Category: Blog Articles , Press Room
  • Date: March 26, 20202020-04-27T18:38:37-04:00
    • 29385
COVID-19 (Coronavirus) is having powerful impacts on our way of life and our wallets. From increased expenses in obtaining essential supplies, income loss or reduction due to reduced hours and shortages of work, or priorities being focused on supporting family and friends through this difficult time- the economic impacts are significant and will be long lasting. You’re not alone and Krieger…
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Mounting Debt Pressure While Insolvency Rates Stable

  • November 16
  • By: Michael Krieger
  • Category: Blog Articles , Press Room
  • Date: November 16, 20182018-11-16T11:38:15-05:00
    • 35710
An increase in bankruptcies and insolvencies is predicted within the next year: Canadian Association of Insolvency and Restructuring Professionals TORONTO – (November 16, 2018) – Low interest rates and access to credit have allowed some borrowers to keep up with debt repayments that otherwise would have been unmanageable. However, rising interest rates, coupled with near record high consumer debt …
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