Toronto Debt Solutions

<h2 > You can easily find a licensed insolvency trustee near me or you There are Licensed Insolvency Trustees (LITs) (formerly called a bankruptcy trustee or trustees in bankruptcy) all over Canada who can help you with your debt problems. They’re the only debt professionals and debt advisors regulated by the federal government and are experienced in helping individuals and businesses figure out the best way to deal with their financial difficulties. There are about 1,066 individual Trustees and 218 different Insolvency Trustee Firms /bankruptcy companies in Canada, making it easy to find a licensed insolvency trustee near me or you. The primary concern is finding a Trustee that you feel comfortable working with to discuss your debt issues and that is an ideal match for you or your business. You also need to find one that is willing to carry out its required functions.  This is the same whether it is businesses with debt problems or it is people in debt. Today’s Bran...

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Licensed Insolvency Trustee Near Me - What They Can And Cannot Do Licensed Insolvency Trustee Near Me - What They Can And Cannot Do Ira Smith Trustee & Receiver Inc. 167 Applewood ... via YouTube https://www.youtube.com/watch?v=0G6pRPI2g_0

Licensed Insolvency Trustee Near Me - What They Can And Cannot Do Ira Smith Trustee & Receiver Inc. 167 Applewood Crescent #6, Concord, ON L4K 4K7 (647) 799-3312 VISIT THIS SITE: https://www.irasmithinc.com/blog/licensed-insolvency-trustee-near-me/ ------------------------------------------------------------------------- https://g.page/r/CRwOSnQuOt5_EAE -------------------------------------------------------------------------- I discuss a recent Court of Appeal for Ontario decision confirming that a licensed insolvency trustee near me cannot opt out of the most basic duties. CLICK ON THIS LINK: https://www.irasmithinc.com/blog/licensed-insolvency-trustee-near-me/ -------------------------------------------------------------------------------

economic recession in canada Economic recession in Canada: In Canada, the economy is under pressure The economy in Canada is under pressure as the country deals with the fallout of the coronavirus pandemic. The pandemic has hit Canada hard.  On one hand, certain Canadian businesses have shut down and people losing their jobs.  On the other, there are job openings for other Canadian businesses.  In August 2022, the unemployment rate in Canada increased from its record low in June and July, to 5.4%.  The Canadian government has been working on trying to mitigate the damage and create supportable economic growth , but the economy is still struggling.  The economic news is not good. Coming out of the COVID economy there are many forces around the world causing global inflation. Supply chain shortages and the war in Ukraine are but two such global forces. Canada is experiencing inflationary pressures like every other country.  Chief economists have mixed vi...

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Economic Recession in Canada - What You Need to Know Economic Recession in Canada - What You Need to Know Ira Smith Trustee & Receiver Inc. 167 Applewood Crescent #6, ... via YouTube https://www.youtube.com/watch?v=mMeFug5VTPs

Economic Recession in Canada - What You Need to Know Ira Smith Trustee & Receiver Inc. 167 Applewood Crescent #6, Concord, ON L4K 4K7 (647) 799-3312 VISIT THIS SITE: https://www.irasmithinc.com/blog/economic-recession-in-canada/ ------------------------------------------------------------------------- https://g.page/r/CRwOSnQuOt5_EAE -------------------------------------------------------------------------- In this Brandon's Blog I look at the question will there be an economic recession in Canada and what can people do to protect themselves? CLICK ON THIS LINK: https://www.irasmithinc.com/blog/economic-recession-in-canada/ -------------------------------------------------------------------------------

First mortgagee: What is the definition of a mortgagee? A mortgagee is a person or company who gives a loan and uses the property as security for the debt . The mortgagee is the lender. The property owner who borrows the money is called the mortgagor. I have acted in many real estate receivership matters. Real estate receiverships in Ontario normally involve a court-appointed receiver. The reason is usually that there are many competing parties and perhaps competing claims. The best way to resolve these disputes and for the party that purchases the real estate from the receiver is through court supervision. In this Brandon’s Blog, I describe a recent decision of the Court of Appeal for Ontario involving a real estate receivership and the claim of the first mortgagee . I and my Firm are not involved in this matter. What is the definition of a first mortgagee? A first mortgage is a loan that is secured by real estate property in priority to any other loans registered against the re...

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The Savvy First Mortgagee: Sometimes You Can't Always Get What You Want The Savvy First Mortgagee: Sometimes You Can't Always Get What You Want Ira Smith Trustee & Receiver Inc. 167 Applewood ... via YouTube https://www.youtube.com/watch?v=2-de4THGX8Q

The Savvy First Mortgagee:  Sometimes You Can't Always Get What You Want Ira Smith Trustee & Receiver Inc. 167 Applewood Crescent #6, Concord, ON L4K 4K7 (647) 799-3312 VISIT THIS SITE: https://www.irasmithinc.com/blog/first-mortgagee/ ------------------------------------------------------------------------- https://g.page/r/CRwOSnQuOt5_EAE -------------------------------------------------------------------------- In this Brandon’s Blog, I describe a case we are working on showing what the stalking horse process is all about and what it means to be a stalking horse bidder. CLICK ON THIS LINK: https://www.irasmithinc.com/blog/first-mortgagee/ -------------------------------------------------------------------------------

What is a stalking-horse bidder? A stalking horse bidder is basically a potential buyer who’s interested in making a public bid for an insolvent company’s assets. The stalking horse bidder gets to be the first one to check out the assets and enter into an agreement to purchase them. The agreement negotiated with the licensed insolvency trustee acting as the court-appointed officer sets the lowest price the company’s creditors would get if sold in the receivership or bankruptcy . If the stalking horse bidder enters into an agreement, and no better offers come in, they’ll be able to purchase the company’s assets. If someone offers more than the stalking horse bidder during the auction and that higher offer is the one that gets court-approved and completed, then the stalking horse bidder is entitled to receive compensation for allowing their bid to be public. In this Brandon’s Blog post, I describe a case we are currently working on that describes what the stalking horse process...

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Stalking Horse Bidder: Benefits Of Being Stalking Horse Bidder Stalking Horse Bidder: Benefits Of Being Stalking Horse Bidder Ira Smith Trustee & Receiver Inc. 167 Applewood Crescent #6, ... via YouTube https://www.youtube.com/watch?v=5SeOx8jU9z4

Stalking Horse Bidder:  Benefits Of Being Stalking Horse Bidder Ira Smith Trustee & Receiver Inc. 167 Applewood Crescent #6, Concord, ON L4K 4K7 (647) 799-3312 VISIT THIS SITE: https://www.irasmithinc.com/blog/stalking-horse-bidder/ ------------------------------------------------------------------------- https://g.page/r/CRwOSnQuOt5_EAE -------------------------------------------------------------------------- In this Brandon’s Blog, I describe a case we are working on showing what the stalking horse process is all about and what it means to be a stalking horse bidder. CLICK ON THIS LINK: https://www.irasmithinc.com/blog/stalking-horse-bidder/ -------------------------------------------------------------------------------