Toronto Debt Solutions

HOW TO RESTRUCTURE CORPORATE DEBT (THE 70% HAIRCUT STRATEGY) THIS BLOG GOES LIVE ON MONDAY, FEBRUARY 9, 2025, AT NOON - WATCH THE VIDEO NOW! HOW TO RESTRUCTURE CORPORATE DEBT (THE 70% HAIRCUT STRATEGY) **Is your business drowning in debt? Most owners think bankruptcy is the only exit—but they’re wrong.** In this video, Brandon Smith (Senior VP at Ira Smith Trustee & Receiver Inc.) breaks down the "70% Haircut Strategy." Learn how to use a Division I Proposal to freeze interest, stop creditor lawsuits, and force lenders to accept a fraction of what you owe so you can keep your doors open and your legacy intact. It sounds like things are feeling a bit heavy on the financial front, but as the transcript suggests, a strategic pivot can turn that pressure into a new beginning. Here are the video chapters for your YouTube description, organized with clickable timestamps and the required citations from your provided transcript. Video Chapters: Corporate Debt Restructuring 00:00...

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CANADA’S DEBT RELIEF UPGRADE 2026: NEW RULES FROM THE OSB (EXPLAINED) THIS BLOG GOES LIVE ON MONDAY, FEBRUARY 2, 2025, AT NOON - WATCH THE VIDEO NOW! CANADA’S DEBT RELIEF UPGRADE 2026: NEW RULES FROM THE OSB (EXPLAINED) Major news from the Office of the Superintendent of Bankruptcy Canada! In this video, we break down the 2026 modernization of Canada's debt relief system and what it means for your financial fresh start. Licensed Insolvency Trustee Brandon Smith, Senior Vice-President of Ira Smith Trustee & Receiver Inc., shares expert insights on the huge upgrades designed to make consumer proposals and bankruptcy more accessible. Whether you are dealing with credit card debt or considering a consumer proposal, these new OSB rules are a game-changer. Key Topics Covered: What is the Office of the Superintendent of Bankruptcy Canada modernization? How the new rules make a "Fresh Start" easier The role of a Licensed Insolvency Trustee in the new system Why reaching out ...

THIS BLOG GOES LIVE ON MONDAY, FEBRUARY 2, 2025, AT NOON - WATCH THE VIDEO NOW! CANADA’S DEBT RELIEF UPGRADE 2026: NEW RULES FROM THE OSB (EXPLAINED) Major news from the Office of the Superintendent of Bankruptcy Canada ! In this video, we break down the 2026 modernization of Canada's debt relief system and what it means for your financial fresh start. Licensed Insolvency Trustee Brandon Smith, Senior Vice-President of Ira Smith Trustee & Receiver Inc. , shares expert insights on the huge upgrades designed to make consumer proposals and bankruptcy more accessible. Whether you are dealing with credit card debt or considering a consumer proposal, these new OSB rules are a game-changer. Key Topics Covered: What is the Office of the Superintendent of Bankruptcy Canada modernization? How the new rules make a "Fresh Start" easier The role of a Licensed Insolvency Trustee in the new system Why reaching out to Ira Smith Trustee & Receiver Inc. is your best first step Re...

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LEAVE TO APPEAL A RECEIVERSHIP ORDER IN ONTARIO: WHY IT RARELY WORKS & WHAT TO DO INSTEAD THIS BLOG GOES LIVE ON MONDAY, JANUARY 26, 2025, AT NOON - WATCH THE VIDEO NOW! LEAVE TO APPEAL A RECEIVERSHIP ORDER IN ONTARIO: WHY IT RARELY WORKS & WHAT TO DO INSTEAD Leave to appeal a receivership order sounds like a lifeline – but for most business owners, it’s an almost impossible uphill legal battle. In this video, Brandon Smith from Ira Smith Trustee & Receiver Inc. walks through a real Ontario case (Royal Bank of Canada v. 2339366 Ontario Inc.) to show why leave to appeal is so hard to get, what the strict legal tests are, and why acting before receivership hits is usually the only winning strategy.​​ You’ll learn what a receivership order is, how a court‑appointed receiver takes control of your business, and why the 10‑day deadline to seek leave to appeal makes saving the business after the fact so difficult. Then we compare that to a formal proposal with a Licensed Insolven...