This article is by Paul Murphy, our Managing Partner with 15+ years of investment and banking industry experience. If you’d like advice about your particular situation, reach out here. How Debt Restructuring Works in Canada In simple terms, debt restructuring is a proposal made to your creditors where you offer to repay the debt on different terms than...Continue reading
This article is by Paul Murphy, our VP and financial literacy expert with 15+ years of investment and banking industry experience. We often get asked, “I missed a mortgage payment. What happens now?” While missing a mortgage payment is serious, you do have options. Here’s some advice about what to do next. If you don’t want...Continue reading
If you are tired of the standard debt advice (cut expenses; live like a monk), you’re in luck . . . . . .because today I’m going to share a huge practical list of the absolute best ways to get out of debt. I’ve worked in the financial world for 20+ years and my company...Continue reading
This is the true story of a man who lost his business and fell deep into debt. We asked him to tell his story. These are his words which we’ve left unedited. This is a 7-part series and we will be following his progress. You can read month one here and month two here. Month Three: Lawsuits, Debt...Continue reading
This is the true story of a man who lost his business and fell deep into debt. We asked him to tell his story. These are his words which we’ve left unedited. This is a 7-part series and we will be following his progress. You can read month one here. Month Two: Facing Bankruptcy I Make a...Continue reading
When a small business slides deeper into debt, corporate debt restructuring can offer an out. Corporate debt restructuring is often thought to only be available to large companies. But your small business can also benefit from it. This article explains how it works. Corporate debt restructuring allows businesses of all structures and sizes to reorganize...Continue reading
This is the true story of a man who lost his business and fell deep into debt. We asked him to tell his story. These are his words which we’ve left unedited. This is a 7-part series and we will be following his progress. Month One: Birthdays, Bankruptcy, and Debt Rock Bottom There were...Continue reading
The amount of debt many graduates are leaving school with means they are delaying big life decisions such as buying a car, buying a house, getting married and having kids. This ultimately has an effect on us all and the overall economy. It also means many of our children are rethinking higher education, pursuing different...Continue reading
There are a number of life events that can generate an enormous amount of financial stress, and lead us to incur significant and unwanted debt. It may be as superficial as trying to keep up a lifestyle beyond what our income allows, or as life-altering as a failed business, divorce or serious illness.Continue reading
