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	<title>Bankruptcy in Guelph: The Bankruptcy Guelph Blog</title>
	<link>http://www.bankruptcy-guelph.ca</link>
	<description>The Bankruptcy Guelph Blog</description>
	<lastBuildDate>Mon, 29 Mar 2010 06:26:25 +0000</lastBuildDate>
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	<item>
		<title>Will your trustee be there tomorrow?</title>
		<description><![CDATA[We are a firm devoted exclusively to personal bankruptcy and consumer proposal here in Guelph.]]></description>
		<link>http://www.bankruptcy-guelph.ca/2010/03/29/will-your-trustee-be-there-tomorrow/</link>
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		<title>2010: Bad Bankruptcy Statistics Come in Threes</title>
		<description><![CDATA[Bad bankruptcy statistics come in threes; 2010 will be a difficult year.]]></description>
		<link>http://www.bankruptcy-guelph.ca/2010/01/23/2010-bad-bankruptcy-statistics-come-in-threes/</link>
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		<title>Will bankruptcy in Guelph stop me from being sued?</title>
		<description><![CDATA[Yes and no.  We will deal with the yes part first:
There is an automatic feature of bankruptcy law in Canada that puts in place something called a &#8220;Stay of Proceedings&#8221; immediately upon a person filing an assignment in bankruptcy or a consumer proposal.  This isn&#8217;t something you have to ask the Court to [...]]]></description>
		<link>http://www.bankruptcy-guelph.ca/2009/11/10/will-bankruptcy-in-guelph-stop-me-from-being-sued/</link>
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		<title>&#8220;THE AMERICAN DREAM&#8221;</title>
		<description><![CDATA[I read an article recently about the American Dream.Â  According to this report, 5% of people in the United States earning $25,000 a year or less felt that they were living the American Dream.Â  When the annual income went up to $60,000 a year the percentage rate only raised 1%, giving credibility to the reality [...]]]></description>
		<link>http://www.bankruptcy-guelph.ca/2008/11/12/the-american-dream/</link>
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		<title>Beware of Debt Consultants</title>
		<description><![CDATA[Last weekend I opened one of those coupon flyers â€“ you know the ones, an envelope full of vouchers for different businesses â€“ and there were two different companies advertising that they could â€œeliminate your interest and reduce your debt to 30% if you call us todayâ€¦â€The procedure they are describing is called a consumer [...]]]></description>
		<link>http://www.bankruptcy-guelph.ca/2008/07/21/beware-of-debt-consultants/</link>
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		<title>RRSPs and Bankruptcy in Guelph</title>
		<description><![CDATA[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 [...]]]></description>
		<link>http://www.bankruptcy-guelph.ca/2008/07/20/rrsps-and-bankruptcy-in-guelph/</link>
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		<title>How Many People Went Bankrupt in Guelph Last Year?</title>
		<description><![CDATA[In 2007, 301 residents of Guelph filed personal bankruptcy, an increase of 13% from the 267 people who filed in Guelph in 2006. In addition, a further 115 Guelph residents filed a consumer proposal, an increase of 5% from 2006.

This dramatic increase in the number of consumer proposals and bankruptcy filings in Guelph
follows four years [...]]]></description>
		<link>http://www.bankruptcy-guelph.ca/2008/02/25/how-many-people-went-bankrupt-in-guelph-last-year/</link>
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		<title>Guelph Bankruptcy Trustee Testifies in Ottawa &#8211; Part 2</title>
		<description><![CDATA[Last week I described our testimony before the Senate Banking Committee on student loans and bankruptcy in Guelph. The second part of our oral testimony dealt with our perceptions of how the Canada Revenue Agency may deal with the changes proposed to the Bankruptcy &#38; Insolvency Act.

We noted that there is going to be an [...]]]></description>
		<link>http://www.bankruptcy-guelph.ca/2008/02/15/guelph-bankruptcy-trustee-testifies-in-ottawa-part-2/</link>
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		<title>Guelph Bankruptcy Trustee Testifies in Ottawa &#8211; Part 1</title>
		<description><![CDATA[On February 6, 2008, Douglas Hoyes and Ted Michalos (thatâ€™s me in the picture) traveled to Ottawa in order to provide testimony to the Senate Standing Committee on Banking, Trade and Commerce regarding bankruptcy reform. I was the only Guelph personal bankruptcy trustee that has appeared as a witness before the Committee.
Last fall, the Parliament [...]]]></description>
		<link>http://www.bankruptcy-guelph.ca/2008/02/07/guelph-bankruptcy-trustee-testifies-in-ottawa-part-1/</link>
			</item>
	<item>
		<title>What is a consumer proposal in Guelph?</title>
		<description><![CDATA[Here are some short answers to that question:

Itâ€™s a way to repay your unsecured debts
Itâ€™s a legal procedure that provides you protection from collection agents and wage garnishees
Itâ€™s an alternative to bankruptcy for people that are in financial trouble
Itâ€™s a procedure that many people can benefit from (if they only knew it existed!)

Hereâ€™s the long [...]]]></description>
		<link>http://www.bankruptcy-guelph.ca/2008/02/04/what-is-a-consumer-proposal-in-guelph/</link>
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