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May 30, 2015

It's time for another FAQ podcast and today we talk about if and when you might be responsible for your spouse's debt and how one spouse filing bankruptcy might affect the other. 

 

To answer these questions we talk with Hoyes Michalos Trustee in Bankruptcy Jason Quinney about joint debts and co-signed loans.  Jason...


May 23, 2015

Today’s guest is Ian Penney, President of Janes & Noseworthy in Newfoundland and Labrador.  Recently, oil prices have declined, affecting the finances of those who work and/or live in a boom-bust economy.  Alberta is a prime example of this type of economy, but the sting is also being felt in Newfoundland and...


May 16, 2015

So you’ve got a bunch of debts.  You owe money on three different credit cards, and a payday loan, and you still owe some money on an old cellphone bill.  You’ve got a job, and you’ve got money coming in every month, but it’s hard to juggle five different debt payments every month, all on different days,...


May 9, 2015

On today’s show Ted Michalos and Doug Hoyes discuss the just released Hoyes Michalos study: Joe Debtor: Marginalized by Debt.

Canadians do not appear to be worried about high debt levels.  Interest rates are at record lows, and bankruptcy rates have declined for the last five years.

Unfortunately that obscures the...


May 2, 2015

Today’s guest is Mark Silverthorn, who was once the most prominent collection agency lawyer in Canada, sending out 10,000 collection letters every month.  Today he’s a consultant for debtors, and is the author of The Wolf at the Door, a book about “What to do when collection agents come calling”.

 

Mark...