Information About Adamson & Associates Blog
Below is a preview of the five most recent posts from the blog Adamson & Associates Blog. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- Want a Better Budget? These Tips to Understand Income & Expenses Will Help
Trouble with your income & expenses? Are you having trouble keeping track of your income and expenses each month? Are you constantly overspending and taking on more debt? Have you considered using a budget? The “B” word (budget) can conjure a number of negative thoughts and assumptions. Words like “ … Read more »
- What is CCAA in Canada?
The Parliament of Canada allows insolvent companies to restructure their finances through the Companies’ Creditors Arrangement Act (CCAA). The act allows a troubled corporation to potentially avoid the consequences of bankruptcy. Not only is it in the best interest of the company to remain solvent, … Read more »
- The Office of the Superintendent of Bankruptcy (OSB) – What Do They Do?
If you are going through bankruptcy or insolvency, the process will be administered and supervised by the Office of the Superintendent of Bankruptcy (OSB). While going through this procedure, it may help to know what the OSB does for both you and your creditors. The decisions made at this office hav … Read more »
- Ontario Bankruptcy Exemptions in 2020: FAQs About the Assets You Keep
Can Ontario’s bankruptcy exemptions protect your most valuable assets? Indeed, they can. One of the most pervasive myths about bankruptcy is that you cannot file when you have assets you’d like to keep. This is simply not true. The purpose of bankruptcy is to afford you a fresh start, unencumbered b … Read more »
- Is Ontario Bankruptcy the Only Option?
Did you know that an Ontario bankruptcy is not your only option when you have too much debt? It’s true…you actually have three main options. And…did you know that the only person to help you with all three options is a licensed insolvency trustee? You may wonder…why a licensed insolvency trustee? Is … Read more »