Moving provinces can result in an unexpected tax bill if you are moving to a higher tax province than where you were working.
Continue readingBest of intentions can lead to unexpected debt
Consultant calls high insolvency rates ‘a troubling trend’
This week I was interviewed by Jonathan Crowe of CBC News regarding the latest insolvency statistics released by the Office of the Superintendent of Bankruptcy. We had a great discussion on what some of the causes are how it is affecting people here in Newfoundland and Labrador.
Continue reading2015 Insolvency Statistics Released
The insolvency statistics have been released by the Office of the Superintendent of Bankruptcy (OSB) for the year 2015.If the worst is yet to come for the Newfoundland economy then these numbers are not encouraging.
Continue readingReply to Andrew Duggan’s Facebook post
I love Newfoundland and Labrador and believe that we have a bright and prosperous future ahead of us. However, it appears as though we have some difficult years ahead as we grapple with the realities of our resource based economy, demographics and geography.
Continue readingLicensed Insolvency Trustee (LIT)
The Office of the Superintendent of Bankruptcy (OSB) has announced that starting this year Trustees in Bankruptcy will be switching to a new title, Licensed Insolvency Trustee (LIT) that better reflects the services we provide.
Continue readingRules Collection Agencies have to follow in Newfoundland and Labrador
If you, or someone close to you, is being contacted by a collection agency it is important to know your rights and the rules they must follow. Equally important is knowing what to do if you believe your rights are being abused.
Continue readingNovember is Financial Literacy Month
November is Financial Literacy Month which means there is going to be a lot of information available. I will share some great resources that I find here in this space so that you can have it all in one place.
Continue readingThis pair bounced back after bankruptcy – can they afford a condo?
This couple, profiled in The Globe and Mail, filed for bankruptcy and has been able to rebuild and recover. Read on to see how they are doing and what advice they are given going forward.
Continue readingSean Stack interviewed on NTV by Heather Gillis
NTV News interview where Sean Stack discusses a number of recent reports that indicate a slowing economy in Newfoundland and Labrador and that households in NL are starting to feel the effects.
Continue readingBankruptcy in NL Increases 18%
VOCM article after I was chatting with Pete on VOCM Backtalk.
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