Toronto Debt Solutions

WHAT HAPPENS TO MY HOUSE IF I FILE FOR A CONSUMER PROPOSAL IN VAUGHAN? WHAT HAPPENS TO MY HOUSE IF I FILE FOR A CONSUMER PROPOSAL IN VAUGHAN? Are you a homeowner anywhere in Vaughan, like Woodbridge, Concord, Thornhill or Richmond Hill, or in Toronto or the GTA, struggling with overwhelming debt? The #1 consumer question we get at Ira Smith Trustee & Receiver Inc. is: "Will I lose my house if I file for a Consumer Proposal?" In this video, Brandon Smith, a Licensed Insolvency Trustee, breaks down exactly how the Ontario legal system protects your home during a Consumer Proposal. What you will learn in this video: ✅ The difference between Secured Debt (Mortgage) and Unsecured Debt. ✅ Why your house does NOT "vest" in a Trustee during a proposal. ✅ How home equity in the Vaughan real estate market affects your monthly payments. ✅ The truth about mortgage renewals while in a Consumer Proposal. ✅ Why a Licensed Insolvency Trustee (LIT) is your best ally to ...

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HOW DO I STOP A CRA WAGE GARNISHMENT IN ONTARIO IMMEDIATELY HOW DO I STOP A CRA WAGE GARNISHMENT IN ONTARIO IMMEDIATELY (AND LEGALLY!!)? Is the Canada Revenue Agency (CRA) garnishing your wages? In Ontario, the CRA has the power to take up to 50% of your paycheck through a "Requirement to Pay"—and they don't even need a court order to do it. In this video, Brandon Smith, Senior Vice-President at Ira Smith Trustee & Receiver Inc., explains the immediate steps you must take to protect your income and stop CRA enforcement actions today. What you will learn: ✅ Why the CRA doesn't need a court order to garnish you. ✅ The difference between a "Requirement to Pay" and a standard garnishment. ✅ How a Consumer Proposal or Bankruptcy triggers a "Stay of Proceedings." ✅ Why only a Licensed Insolvency Trustee (LIT) can legally stop the CRA. ✅ How to get your full paycheck back by the next pay cycle. At Ira Smith Trustee & Receiver Inc., we believe in ...

CRA COLLECTIONS: HOW TO STOP THEM INSTANTLY (THE LEGAL WAY) THIS BRANDON’S BLOG DROPS ON MONDAY, MAY 4, 2026, AT 12 NOON CRA COLLECTIONS: HOW TO STOP THEM INSTANTLY (THE LEGAL WAY) Are you dealing with aggressive CRA collections? If the Canada Revenue Agency is threatening to freeze your bank account, garnish your wages, or put a lien on your home, you need to know your legal rights. In this video, Brandon Smith from Ira Smith Trustee & Receiver Inc. explains why the CRA is the most powerful creditor in Canada and—more importantly—how you can legally stop them in their tracks. What you’ll learn in this video: 00:00 Introduction: Dealing with Aggressive CRA Collections 00:01:18 Why the CRA is Your Most Powerful Creditor 00:02:15 The 4 Critical Points to Remember 00:03:07 The "Requirement to Pay" & Silent Liens 00:03:49 Piercing the Corporate Veil: Business Owner Risks 00:04:30 Myths: Can You Negotiate Debt Directly with the CRA? 00:05:30 The Legal Pathway: Licensed In...

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