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 to Ira Smith Trustee & Receiver Inc. is your best first step 0:00 Introduction: 2026 Canada Debt Relief Modernization 00:15 Meet the Experts: Ira Smith Trustee & Receiver Inc. 01:34 Why the OSB is Upgrading the Debt Relief System 02:33 The Role of the Office of the Superintendent of Bankruptcy (OSB) 03:20 Game Changer: New Consumer Proposal Debt Limits ($325,000) 04:46 Simplified Bankruptcy: New Asset Threshold Upgrades 05:45 Digital Makeover: E-Signatures and Paperless Filings 06:19 Why You Need a Licensed Insolvency Trustee (LIT) 06:53 Brandon Smith’s Insights on the New OSB Rules 07:09 Summary of Key Changes and Inflation Adjustments 07:40 Next Steps: How to Get a Financial Fresh Start Read the full blog by Brandon Smith here: https://ift.tt/EpjTrbx Visit our Vaughan Office: 167 Applewood Crescent, Suite 6, Vaughan, ON L4K 4K7. The best location in Vaughan for professional debt advice. The Ira Smith Trustee & Receiver Inc. team in Vaughan, ON, provides confidential, expert guidance to buyers, owners and creditors across Ontario who need help navigating receiverships, restructurings and other insolvency situations. 📞 Book a free, confidential consultation: Call: 905‑738‑4167 or 647‑799‑3312 Right now, Ira and Brandon Smith are helping people just like you understand their options and move from stress and confusion to clarity and real solutions. 📚 Read the full blog: “MODERNIZING INSOLVENCY: A GUIDE TO THE OFFICE OF THE SUPERINTENDENT OF BANKRUPTCY CANADA’S NEW PROPOSED RULES” https://ift.tt/EpjTrbx #OfficeOfTheSuperintendentOfBankruptcy #OfficeOfTheSuperintendentOfBankruptcyCanada #DebtReliefCanada #ConsumerProposal #SummaryAdministration #LicensedInsolvencyTrustee
via YouTube https://www.youtube.com/watch?v=xnC-MXiiZqE
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 0:00 Introduction: 2026 Canada Debt Relief Modernization 00:15 Meet the Experts: Ira Smith Trustee & Receiver Inc. 01:34 Why the OSB is Upgrading the Debt Relief System 02:33 The Role of the Office of the Superintendent of Bankruptcy (OSB) 03:20 Game Changer: New Consumer Proposal Debt Limits ($325,000) 04:46 Simplified Bankruptcy: New Asset Threshold Upgrades 05:45 Digital Makeover: E-Signatures and Paperless Filings 06:19 Why You Need a Licensed Insolvency Trustee (LIT) 06:53 Brandon Smith’s Insights on the New OSB Rules 07:09 Summary of Key Changes and Inflation Adjustments 07:40 Next Steps: How to Get a Financial Fresh Start Read the full blog by Brandon Smith here: https://ift.tt/EpjTrbx Visit our Vaughan Office: 167 Applewood Crescent, Suite 6, Vaughan, ON L4K 4K7. The best location in Vaughan for professional debt advice. The Ira Smith Trustee & Receiver Inc. team in Vaughan, ON, provides confidential, expert guidance to buyers, owners and creditors across Ontario who need help navigating receiverships, restructurings and other insolvency situations. 📞 Book a free, confidential consultation: Call: 905‑738‑4167 or 647‑799‑3312 Right now, Ira and Brandon Smith are helping people just like you understand their options and move from stress and confusion to clarity and real solutions. 📚 Read the full blog: “MODERNIZING INSOLVENCY: A GUIDE TO THE OFFICE OF THE SUPERINTENDENT OF BANKRUPTCY CANADA’S NEW PROPOSED RULES” https://ift.tt/EpjTrbx #OfficeOfTheSuperintendentOfBankruptcy #OfficeOfTheSuperintendentOfBankruptcyCanada #DebtReliefCanada #ConsumerProposal #SummaryAdministration #LicensedInsolvencyTrustee
via YouTube https://www.youtube.com/watch?v=xnC-MXiiZqE