Bankruptcy Blog

Bankruptcy
Adam and Jay are two young men in the prime of their lives, raising families and working hard at their jobs in the manufacturing industry. They both make a similar wage which is average for their family size in Manitoba. They have each purchased homes reasonable for their circumstances, but
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credit card debt relief
As a society, we have a love/hate relationship with credit cards in Canada. They can be useful tools if used responsibly, but they can lead to financial turmoil if used in the wrong manner. When that happens, we search for credit card debt relief options. Advantages of Credit Cards The
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Buy now, Pay later
Buy Now, Pay Later – the Traditional Way As Canada celebrates Financial Literacy Month, we would like to delve into the concept of Buy Now Pay Later (BNPL) and its growing popularity among consumers in Canada. Back in the day “Buy Now, Pay Later” was a selling feature used almost
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credit card payments
Generally, credit cards are intended to be used as a convenience, for a quick disposable purchase, like putting gas in the tank or eating out. You know – monthly budget items. Making credit card payments monthly for those items makes it easier to keep within that budget. Purchases for assets, such
Debt, Debt Resources   , , , ,
Maximum Rent Increases in Manitoba
As any regular reader of this blog knows, here at LCTaylor Licensed Insolvency Trustee we are big advocates for the importance of budgeting to financial strength. Though the importance of a budget has not changed, the events of the last few years have made it difficult to create one that
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