Bankruptcy in Guelph: The Ted Michalos Bankruptcy Guelph Blog

Beware of Debt Consultants

Last weekend I opened one of those coupon flyers – you know the ones, an envelope full of vouchers for different businesses – and there were two different companies advertising that they could “eliminate your interest and reduce your debt to 30% if you call us today…”The procedure they are describing is called a consumer [...]

Posted in Consumer Proposal Guelph, Ted Michalos    Add a comment

RRSPs and Bankruptcy in Guelph

On July 7, 2008, the government brought into force some amendments to the Bankruptcy and Insolvency Act dealing with registered retirement savings plans (RRSPs). If you have RRSPs and are considering bankruptcy you need to know the following information:Prior to July 7, 2008, unless your RRSP was locked in or otherwise exempt, you lost [...]

Posted in Bankruptcy Guelph, RRSPs and bankruptcy, Ted Michalos    Add a comment