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Damages For Mental Distress Canada and Bankruptcy: The Complete Daylan Heidel Guide BLOG GOES LIVE MONDAY DECEMBER 12 AT 12 NOON Damages For Mental Distress Canada and Bankruptcy: The Complete ... via YouTube https://www.youtube.com/watch?v=t_yWwZIsS5s

BLOG GOES LIVE MONDAY DECEMBER 12 AT 12 NOON Damages For Mental Distress Canada and Bankruptcy:  The Complete Daylan Heidel Guide Ira Smith Trustee & Receiver Inc. 167 Applewood Crescent #6, Concord, ON L4K 4K7 (647) 799-3312 VISIT THIS SITE: https://www.irasmithinc.com/blog/damages-for-mental-distress-canada/ ------------------------------------------------------------------------- https://g.page/r/CRwOSnQuOt5_EAE -------------------------------------------------------------------------- In this Brandon’s Blog, I describe a court decision of damages for mental distress awarded against a man, Daylan Heidel, and what it means if he files bankruptcy. CLICK ON THIS LINK: https://www.irasmithinc.com/blog/damages-for-mental-distress-canada/ -------------------------------------------------------------------------------

BLOG GOES LIVE MONDAY DECEMBER 5 AT 12 NOON Bill C-228: Will Pension Priority In Canadian Insolvency Be Real Finally? Ira Smith Trustee & Receiver Inc. 167 Applewood Crescent #6, Concord, ON L4K 4K7 (647) 799-3312 VISIT THIS SITE: https://www.irasmithinc.com/blog/bill-c-228-pension-priority/ ------------------------------------------------------------------------- https://g.page/r/CRwOSnQuOt5_EAE -------------------------------------------------------------------------- In this Brandon’s Blog, I discuss the current status of Bill C-228 and its implications in making pensioners a priority in bankruptcy if it becomes law as presently composed. CLICK ON THIS LINK: https://www.irasmithinc.com/blog/bill-c-228-pension-priority/ -------------------------------------------------------------------------------

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Bill C-228: Will Pension Priority In Canadian Insolvency Be Real Finally? BLOG GOES LIVE MONDAY DECEMBER 5 AT 12 NOON Bill C-228: Will Pension Priority In Canadian Insolvency Be Real Finally ... via YouTube https://www.youtube.com/watch?v=yPY7W1IMa4g

 http://www.irasmithinc.com/blog/consumer-proposal-calculator/

Consumer proposal calculator: When should you think about a consumer proposal? Debt can be a heavy burden, and it seems like there’s no end in sight. If you’re having a hard time making ends meet and debt is taking over your life, you may be asking yourself if a consumer proposal is right for you. If you’re finding it impossible to pay off your financial debt, a consumer proposal could be a perfect choice for you. As soon as approved by your creditors and also authorized by the court, a consumer proposal is an enforceable deal between you and your creditors. You only need to pay off a part of your financial debt and in return, they write off the balance. This is an excellent method to pay off your debt as well as get your life back on course. There are 2 main points to keep in mind when thinking of a consumer proposal. First, just an insolvency trustee (Trustee) can carry out a consumer proposal. They will first evaluate your situation and determine if this is the very best choic...

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Consumer Proposal Calculator Great Secrets Revealed! BLOG GOES LIVE MONDAY NOVEMBER 28 AT 12 NOON Consumer Proposal Calculator Great Secrets Revealed! Ira Smith ... via YouTube https://www.youtube.com/watch?v=FP84d29ZisI

YOUTUBE VIDEO. BLOG GOES LIVE MONDAY NOVEMBER 28 AT 12 NOON Consumer Proposal Calculator Great Secrets Revealed! Ira Smith Trustee & Receiver Inc. 167 Applewood Crescent #6, Concord, ON L4K 4K7 (647) 799-3312 VISIT THIS SITE: https://lnkd.in/g8PXKu7n ------------------------------------------------------------------------- https://lnkd.in/eD4c-i-P -------------------------------------------------------------------------- Knowing how much you may need to pay in a consumer proposal in order to extinguish all of your unsecured debt is an important part of the decision-making. That is why I created this consumer proposal calculator located down below in this Brandon's Blog. CLICK ON THIS LINK: https://lnkd.in/g8PXKu7n ------------------------------------------------------------------------------- #bankruptcy #consumerproposal  #consumerproposalvsbankruptcyontario #consumerproposalontarioprosandcons #cons

Receivership in Canada: What does receivership mean? I have just read a decision of the Ontario Superior Court of Justice Commerical List dealing with an important aspect of receivership in Canada . The case is concerned with what happens when two equally applicable provincial laws appear to be working at cross purposes in the context of the receivership in Canada process. I will explain the case and the process of company receivership in Canada . By understanding the process, the case will make more sense. Secured lenders may enforce their security to recover loans from borrowers who have defaulted. This remedy available to secured creditors when a borrower, usually a company defaults, is known as receivership. What does going into receivership in Canada mean? A receivership is a legal process available to secured creditors, whereby a company’s affairs, business and property are entrusted to a receiver to manage and eventually sell the assets. Secured lenders may enforce their...

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Receivership In Canada: The Complete Story Of Whose Happy Receiver Is It Anyway? BLOG GOES LIVE MONDAY NOVEMBER 21 AT 12 NOON Receivership In Canada: The Complete Story Of Whose Happy ... via YouTube https://www.youtube.com/watch?v=6etUzf4SqnA

BLOG GOES LIVE MONDAY NOVEMBER 21 AT 12 NOON Receivership In Canada:  The Complete Story Of Whose Happy Receiver Is It Anyway? Ira Smith Trustee & Receiver Inc. 167 Applewood Crescent #6, Concord, ON L4K 4K7 (647) 799-3312 VISIT THIS SITE: https://www.irasmithinc.com/blog/receivership-in-canada/ ------------------------------------------------------------------------- https://g.page/r/CRwOSnQuOt5_EAE -------------------------------------------------------------------------- I have just read a decision of the Ontario Superior Court of Justice Commerical List dealing with an important aspect of receivership in Canada. The case is concerned with what happens when two equally applicable provincial laws appear to be working at cross purposes in the context of the receivership in Canada process. I will explain the case and the process of company receivership in Canada. By understanding the process, the case will make more sense. CLICK ON THIS LINK: https://www.irasmithinc.com/blog/re...

A new phase for the Canada Recovery Benefit The Canada Recovery Benefit (CRB) was part of the Canadian government’s overall economic recovery programs to help Canadian individuals and businesses during the COVID-19 period.  It was a taxable benefit of $500 per week that lasted for up to 26 weeks. It was given to employed and self-employed workers directly affected by COVID-19. The Canada Recovery Benefit gave financial support to eligible workers who could not work and tried to provide some measure of recovery in response to the COVID-19 pandemic. This includes self-employed workers, contract workers, and part-time workers. The benefit was paid out for a maximum of 26 weeks in respect of any application under this program and was available to workers who lost their job, were sick or quarantined, were taking care of someone who was sick with COVID-19, or was caring for children who are not in school because of COVID-19. We’re in a new phase with the Canada Recovery Benefit no...

 JUST PUBLISHED: Canada Recovery Benefit Act:  Everything You Need To Know If CRA Is In Battle With You For Repayment Ira Smith Trustee & Receiver Inc. 167 Applewood Crescent #6, Concord, ON L4K 4K7 (647) 799-3312 VISIT THIS SITE: https://www.irasmithinc.com/blog/canada-recovery-benefit/ ------------------------------------------------------------------------- https://g.page/r/CRwOSnQuOt5_EAE -------------------------------------------------------------------------- In this Brandon's Blog, I explain in more detail what the Canada Recovery Benefit was and describe a recent court decision about someone who CRA demanded the money back from and the kind of proof that CRA is demanding to see if a person met the eligibility criteria. CLICK ON THIS LINK: https://www.irasmithinc.com/blog/canada-recovery-benefit/ -------------------------------------------------------------------------------

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Canada Recovery Benefit Act: Everything You Need To Know If CRA Is In Battle With You For Repayment Canada Recovery Benefit Act: Everything You Need To Know If CRA Is In Battle With You For Repayment Ira Smith Trustee ... via YouTube https://www.youtube.com/watch?v=8E1oXi5QAEw

Canada Recovery Benefit Act:  Everything You Need To Know If CRA Is In Battle With You For Repayment Ira Smith Trustee & Receiver Inc. 167 Applewood Crescent #6, Concord, ON L4K 4K7 (647) 799-3312 VISIT THIS SITE: https://www.irasmithinc.com/blog/canada-recovery-benefit/ ------------------------------------------------------------------------- https://g.page/r/CRwOSnQuOt5_EAE -------------------------------------------------------------------------- In this Brandon's Blog, I explain in more detail what the Canada Recovery Benefit was and describe a recent court decision about someone who CRA demanded the money back from and the kind of proof that CRA is demanding to see if a person met the eligibility criteria. CLICK ON THIS LINK: https://www.irasmithinc.com/blog/canada-recovery-benefit/

Canadian Income Tax Act S. 160:  Bad Moves Lead To Huge Tax Debt Ira Smith Trustee & Receiver Inc. 167 Applewood Crescent #6, Concord, ON L4K 4K7 (647) 799-3312 VISIT THIS SITE: https://www.irasmithinc.com/blog/canadian-income-tax-act/ ------------------------------------------------------------------------- https://g.page/r/CRwOSnQuOt5_EAE -------------------------------------------------------------------------- In this Brandon's Blog, I explain how section 160 of the Canadian Income Tax Act works and then describe a recent decision from the Federal Court in Murphy v. The King, 2022 TCC 111 (CanLII). CLICK ON THIS LINK: https://www.irasmithinc.com/blog/canadian-income-tax-act/ -------------------------------------------------------------------------------

Canadian Income Tax Act: Section 160 transfer of property The Canadian Income Tax Act allows Canada Revenue Agency (CRA) to have a variety of methods for collecting debts from businesses. One option is to assess anyone who received money from the tax debtor business without proper consideration. This applies both if the business was a tax debtor when the money was paid out and if the business becomes a tax debtor after the payment is made. Section 160 of the Canadian Income Tax Act is designed to let the CRA pursue people or companies who receive transfers of property when the person or company transferring the property owed, or could owe, amounts payable to the CRA and hasn’t paid them. The rule creates an income-tax debt for the person who got the transfer of property, without them having given adequate consideration for it. For example, if an entrepreneur who is the major or sole shareholder of a company conducting business gave themselves a generous bonus in 2022, they may...