Sep 29, 2018

Current regulations allow financial advisors to sell products like mutual funds and give the appearance that they are giving you financial advice that fits your situation. The problem is embedded advisors, like those at your friendly neighbourhood bank, are paid on a commission matrix that rewards sales.  That means...

Sep 22, 2018

If you are over-mortgaged and facing negative equity in your home, can you walk away from your mortgage in Canada?  We explain what you can do if there is a shortfall on your mortgage after a sale or bank foreclosure.

Canada has full recourse mortgage laws

A theoretical shortfall is not a real shortfall. You don't...

Sep 15, 2018

A recent Twitter headline claimed that actor Charlie Sheen is having a 'dire financial crisis' with less than $10 million to his name. While that might be a bit extreme, no matter how much money you have, if you have high debt obligations, you can face money troubles.

On today's podcast we talk with Robert Brown,...

Sep 8, 2018

Student loans are only automatically discharged when you file bankruptcy in Canada if you have ceased to be a student for more than seven years at the time you file.   However, there are cases in which clients cannot afford to wait for the seven year mark to discharge their student debts automatically. Financial...

Sep 1, 2018

September is a time for a fresh start. The kids are back in school, everyone’s back to work after their summer vacations, and it’s a whole new season here on Debt Free in 30.

On today’s show we announce our plans for the fifth season of Debt Free in 30, and also announce our YouTube channel where you can find all...