If you’re struggling with your finances, you are not alone. Many people have an ongoing problem with debt, especially since it can sneak up on you when you least expect it. One day you’re behind on one bill and the next day you’re months behind on several bills and...
Mortgage Financing
5 Facts about Ontario Consumer Proposals
Choosing to file an Ontario Consumer Proposal is a big decision, and understandably you’ll have questions regarding what steps you need to take, how the process works and what will happen after it’s all said and done. Here are a few facts to consider about Ontario...
The Do’s and Don’ts of Lending Money to Family | Albert Gelman Inc. | 416.504.1650
Many of us have been in a tough financial situation ourselves, so seeing someone you love—like a family member—go through this type of struggle can be difficult. Wanting to help someone you love that’s in need is only natural, and sometimes lending to a family member...
Do You Owe CRA? | CRA Income Tax Debt | Find A Solution With Albert Gelman Inc.
If you’re finding yourself in debt with the CRA, you’re not alone. This type of debt is often unforeseen and can be a heavy burden. The following are some of the things that may result in CRA income tax debt: A re-assessment of a prior year tax return A self-employed...
Bad Debt vs. Better Debt | Trustee in Bankruptcy | Albert Gelman Inc. – Offices in Toronto, Scarborough, North York, Mississauga, Richmond Hill
Bad Debt vs Better Debt You may have heard that there is such a thing as “good debt,” and wonder how it is possible to owe a creditor money in a good way. Although it’s true that there is debt that can be considered “good” in a sense, however, “good” is not...