Crawford, Smith & Swallow Inc. | Licensed Insolvency Trustees | Administrators to Consumer Proposals | Licensed by the Federal Government
2909, 2016

Declaring Bankruptcy in Canada: How Can I go Bankrupt Without Losing my House?

By |September 29th, 2016|Declaring Bankruptcy, General|Comments Off on Declaring Bankruptcy in Canada: How Can I go Bankrupt Without Losing my House?

Can I Keep My House if I go Bankrupt?
Often one of the first questions people ask a Trustee is what will happen to their homes if they proceed with a bankruptcy.

Although it seems like a simple enough question, it is in fact one of the biggest concerns people have when considering the prospect of personal […]

1309, 2016

Considering a Student Loan? Read This First.

By |September 13th, 2016|General|Comments Off on Considering a Student Loan? Read This First.

How to Avoid Student Loan Debt Horror Stories
Are you heading off to school this year, but wondering how to avoid student loan debt and the horror stories that come with it?  This doesn’t have to be as scary as it sounds.

Student debt in Ontario is a major cause of stress for many young people. It often delays […]

1606, 2016

The Dangers Of Payday Loans: What They Don’t Tell You

By |June 16th, 2016|General|Comments Off on The Dangers Of Payday Loans: What They Don’t Tell You

Payday loans are an increasing form of income for many individuals having financial troubles. When money is tight and an emergency comes up, or the funds to pay off a bill aren’t available, the answer seems easy: a loan!

However these short-term Payday loans, as appealing and convenient they may appear, are dangerous and can take […]

2205, 2014

Common Misconceptions About Bankruptcy

By |May 22nd, 2014|General|Comments Off on Common Misconceptions About Bankruptcy

There are numerous misconceptions about bankruptcy and insolvency in Canada. The Bankruptcy and Insolvency Act; the major act that governs all bankruptcy proceedings in Canada, has undergone many changes over the past few decades. Consumer Bankruptcy filing procedures have been streamlined, and certain measures have been taken in order to streamline the bankruptcy process, in […]

1205, 2014

Highway 407 Toll Charges and the Benefits of being Discharged from Bankruptcy

By |May 12th, 2014|General|Comments Off on Highway 407 Toll Charges and the Benefits of being Discharged from Bankruptcy

On December 19th 2013, the Ontario Court of Appeal held that the Registrar of Motor Vehicles cannot deny vehicle permits to individuals an account of debts owed to the ETR Concession Company Limited. So in simple terms if you owed toll charges for the use of the 407, and then filed for bankruptcy, the bankruptcy […]