Sentences with phrase «debt consultants on»
Doug Hoyes and Ted Michalos discussed the problem with unregulated debt consultants on «Ask the Experts» in Waterloo Region.
http://www.bankruptcy-kitchener.com/ Not exact matches
By putting control of the business in the hands of a man who seemed «perfect» on the outside, but without doing due diligence, had the consultant skimming the profits and ultimately declaring bankruptcy, leaving Williams and Molinaro responsible for the debt on the chain.
Interest on the new bond issue will be about 7 percent, but final calculations of how much interest will accrue over the debt retirement schedule is unavailable until the bonds are sold, said Tom Chapman of Blunt, Ellis and Loewi Inc., financial consultants to the park district.
Our Certified Debt Consultants will consider all the details of your financial situation and advise you on the best way forward when they give you the free evaluation.
A debt consultant does the same work on behalf of a debtor.
It's for this reason that I was quite pleased to see the Office of the Superintendent of Bankruptcy (OSB) issue a report on their review of the involvement of debt consultants in the administration of consumer proposals in Canada.
Eventually the Ontario government cracked down on these types of debt consultants — introducing debt settlement legislation in 2015.
Ted Michalos: In fact if somebody's asking them for significant upfront fees, then they're probably not dealing with a licensed trustee, they're dealing with someone called a debt consultant and you don't want to get me going on these days cause that's a whole other program.
Instead, 4 Pillars acts as a consultant / intermediary working solely on behalf of the debtor to navigate the complex and confusing debt industry and advocates for them to help find and implement the very best solution based on their long - term financial goals and dreams.
In addition to debt solutions, its consultants focus on «proper credit rebuilding, financial literacy, and the hand - holding that it takes to help them re-engineer what the next three to five years look like,» Troy said.
With a comprehensive selection of mortgage options from which to choose, and dedicated Mortgage Consultants on hand every step of the way, debt consolidation through loan refinance is a quick, simple process.
Although a quick search online will provide many offers for dealing with debt, a debt consultant can not help you to file bankruptcy on your own.
The debt consultants will recommend a debt solution to you depending on the results of your free evaluation.
When using the calculator people will always undersestimate what they spend on a monthly basis or they will be guided by the banking consultant to provide a lower number which of course leaves more money available to reduce the debt.
So why not try a debt consultant that offers to «settle your debts for 30 cents on the dollar» instead?
Now, Heather I hear ads all the time for companies that say hey, we can settle your debt for 30 cents on the dollar, so my question to you is if I'm somebody who's got a bunch of debt, why would I go to you and pay a 100 cents on the dollar when I can go to one of these debt consultants or debt settlement companies and only pay 30 cents on the dollar?
Fourth, in many cases the debt consultant is not doing anything that you couldn't do on your own.
Ted Michalos: I mean if the whole reason that you went to the debt settlement guy or the debt consultant guy in the first place was you were afraid of having your wages garnisheed or your bank account frozen, you're missing payments on your truck or house and you're afraid of repossession, well a debt consultant can't provide you with any legal protection.
Alan is also on the board and is a member of the firm's wholly owned subsidiary Project Management Consultants, which provides owner's representative, consulting and public and private debt structuring services to a wide range of stakeholders in the construction and development industry.