Tag Archives: bankruptcy

Help, I Owe Taxes & I Don’t Know What To Do!

Have you: Filed and paid your taxes every year? Set aside a portion of your self-employed income for taxes? Set aside any HST collected or payroll withholdings for your business? Set aside tax on any RRSP or investment income you … Continue reading →

Make tax planning your New Year’s Resolution

Many of us are considering our lists of New Year’s Resolutions.  How about adding this one to the top of your list?   One of your major 2011 Resolutions should  be to clean up your unfiled and unpaid GST, PST, HST, payroll taxes and … Continue reading →

Can My Creditors Seize My Property?

We had a terrific question raised recently by someone who came in to meet with one of our debt managers to discuss her financial pressures face-to-face. The question was about the power a creditor can bring to bear on someone … Continue reading →

Farber Trustee Andy Fisher interviewed by CBC News

Bankruptcies declined 11% in 2010 CBC News The total number of Canadian businesses and individuals claiming bankruptcy dropped 11.5 per cent in 2010 compared to the previous year, new data released Friday shows. The Office of the Superintendent Of Bankruptcy … Continue reading →

An excellent question from an undischarged bankrupt

I received a terrific question recently from an undischarged bankrupt who had been dealing with another Trustee firm and didn’t know how to finalize his process.  He informed me that he had filed for bankruptcy protection in 2004 but failed … Continue reading →

My depressing job is anything but: reflections of a Bankruptcy Trustee

I am often told by people who come to see me that “it must be depressing doing your job.”  That “listening to people’s challenges and issues every single day must be awful.” In reality, I couldn’t disagree more.  I remind … Continue reading →

How To Get Out Of Debt Fast

There’s nothing like worrying about the monthly bills to inject some major stress into your life and your relationships.  You can easily spend more time worrying about your finances than you will about your family… or yourself.  But remember: The sooner you … Continue reading →