Welcome to the official blog of the Canadian Association of Insolvency and Restructuring Professionals! We hope you will enjoy insightful and informative posts by our team of expert bloggers on a wide range of topics, including individual, small business and corporate insolvencies, budgeting, financial planning, credit rebuilding and other money management tips for anyone looking to live a debt free life.
Budgeting for Your Holiday Vacation: Tips to Save Without Sacrificing Fun
16 décembre 2024
The holiday season is the perfect time for a getaway. Whether you're imagining relaxing on a sunny beach, exploring a new city, or enjoying cozy winter activities, the idea of taking a vacation can be...
Pour en apprendre plus
The Role of a Licensed Insolvency Trustee in Canada: A Guide to Financial Recovery
14 novembre 2024
Navigating financial difficulties can be overwhelming, especially when faced with complex debt relief options. Fortunately, in Canada, a Licensed Insolvency Trustee (LIT) serves as a federally regulated...
Pour en apprendre plus
Navigating Insolvency as a Self-Employed Individual: Key Considerations
14 novembre 2024
For self-employed individuals, managing finances can come with unique challenges. Running a business often means dealing with fluctuating income, difficulty accessing traditional credit, and the need to...
Pour en apprendre plus
How to Choose the Right Licensed Insolvency Trustee for Your Needs
14 novembre 2024
When financial challenges arise, navigating debt relief options can be a complex and emotional journey. With nearly 1400 members, the Canadian Association of Insolvency and Restructuring Professionals...
Pour en apprendre plus
How Insolvency Trustees Work with Creditors to Create Debt Repayment Plans
14 novembre 2024
For Canadians dealing with unmanageable debt, finding a path to financial recovery can feel overwhelming. Fortunately, there are structured options that can make debt repayment manageable, transparent,...
Pour en apprendre plus
Debt Relief Options: Choosing the Right Solution for Your Situation
14 novembre 2024
When financial struggles begin to impact daily life, it’s natural to look for ways to regain control and start fresh. Debt relief solutions in Canada offer multiple ways to address various financial...
Pour en apprendre plus
Consumer Proposals: A Bankruptcy Alternative for Individuals
14 novembre 2024
Debt can quickly become overwhelming, especially when high interest rates and multiple bills make repayment seem impossible. While bankruptcy is often viewed as the primary debt relief option, there is...
Pour en apprendre plus
Common Misconceptions About Insolvency and Debt Relief
14 novembre 2024
Insolvency and debt relief are essential resources for Canadians facing overwhelming financial challenges, yet myths and misconceptions about these topics often prevent individuals from seeking the help...
Pour en apprendre plus
What happens to your debt when you die?
10 octobre 2024
The age old saying “you can’t take it with you” is interpreted to mean that your money and possessions cannot transcend beyond the grave, and therefore you should enjoy yourself while you are alive....
Pour en apprendre plus
Back to School Season
13 septembre 2024
It's that time of year again and retailers are busy trying to encourage you to spend money with them!
As exciting as it may be, this can be a stressful time for parents trying to budget for all the necessary...
Pour en apprendre plus
The Impact of Bankruptcy on Shareholders and Directors of Small and Medium Enterprises in Canada
9 août 2024
Bankruptcy can be a daunting prospect for any business, but it is particularly significant for shareholders and directors of small and medium enterprises (SMEs). When a company incorporated under provincial...
Pour en apprendre plus
Avoiding a Fall Financial Hangover
25 juin 2024
Living in Montreal, there are two times a year when it becomes very difficult to control your spending. During the depths of winter, Montreal can be harsh and unforgiving, and I am not just talking about...
Pour en apprendre plus
RSS |