An Overview of Wage Garnishment in BC
Jun 24, 2019
Wage garnishments or seizures are an extreme collection method that creditors may use to recover money owed to them. Facing a wage garnishment can be incredibly stressful and overwhelming, and many people don’t know what their rights and remedies are in the...Read more
What You Need to Know Before Consolidating Debt
Jun 10, 2019
First off – what do we mean by ‘debt consolidation’? Debt consolidation is a term that you hear a lot, and it typically means that you combine all of your debt into a single monthly payment, rather than paying each of your debts separately each month....Read more
Comparing Debt Management Plans – Pros and Cons of Consumer Debt Solutions
Apr 15, 2019
Many people feel unsure what to look for, consider, or even where to start when evaluating resources they have to manage debt. Fortunately, you are not alone in navigating these decisions. Every day Licensed Insolvency Trustees help individuals do just this,...Read more
Why Financial Advisors Need to Know a Debt Expert
Feb 21, 2019
“Knowing is not owing” isn’t just good advice for those in debt; if you’re a specialist in the financial industry, here’s why you should have a Licensed Insolvency Trustee (formerly called Bankruptcy Trustees) within your professional...Read more
What’s the Difference Between Credit Counselling and Debt Consolidation?
Feb 11, 2019
One of the first debt management tools most people research is a debt consolidation loan. Another debt solution that is a type of debt consolidation is a credit counselling program, often known as a Debt Management Plan (“DMP”). Although both options can...Read more
What’s the Difference Between Credit Counselling and Bankruptcy?
Nov 5, 2018
This installment in Sands & Associates’ “Ask a Licensed Insolvency Trustee” series compares some of the main differences between credit counselling programs and personal bankruptcy. Q: What’s the difference between credit counselling and...Read more
What’s the Difference Between Consumer Proposals and Bankruptcy?
Sep 24, 2018
This month’s edition of Sands & Associates’ “Ask a Licensed Insolvency Trustee” series breaks down three key differences in bankruptcy versus Consumer Proposal. Q: What’s the difference between Consumer Proposals and bankruptcy? Although they...Read more
How Much Does it Cost to File a Consumer Proposal?
Aug 20, 2018
A Consumer Proposal allows you to consolidate and cut your debt by up to 80%, without added fees or interest. You need to work with a Licensed Insolvency Trustee to file a Consumer Proposal and there is no added cost to you for the administration of your...Read more
What Debts Can a Consumer Proposal Consolidate?
Aug 13, 2018
Debt consolidation can streamline multiple debt balances and make paying off your debt simpler and cheaper – and with built-in options to reduce balances and stop future interest charges, a Consumer Proposal is one of the best ways to consolidate debt. Read...Read more
How Does Debt Management Affect Credit Ratings?
May 14, 2018
Award-winning Licensed Insolvency Trustees Sands & Associates answer commonly-asked questions about debt help in BC. Q: How does debt management affect credit ratings? A: There are several possible debt management options available to consumers,...Read more
What Debts Can a Licensed Insolvency Trustee Help With?
Feb 19, 2018
BC Licensed Insolvency Trustees Sands & Associates answers your questions about how to get out of debt using options such as debt consolidation, Consumer Proposals, and personal bankruptcy: Q: What kind of debt can a Licensed Insolvency Trustee help...Read more
Global News: “I’m in debt. Now what?” – 5 Options to Get Out of Debt
Dec 11, 2017
One of the biggest challenges people face when they find themselves in debt is not knowing what debt options exist to solve the problem. Sands & Associates Vice-President and Licensed Insolvency Trustee Blair Mantin recently joined Global News BC and...Read more
Debt Settlement VS. Consumer Proposal
May 8, 2017
Debt settlement is a term that’s been heard more and more the past few years by consumers. With debt settlement agents advertising heavily it’s no surprise. As Licensed Insolvency Trustees we’re often asked “what is the difference between debt...Read more
Announcement: Licensed Insolvency Trustees – New Name, Same Amazing Service
Apr 11, 2016
Late in 2015, the Office of the Superintendent of Bankruptcy (OSB) announced upcoming changes to the insolvency professional designation throughout Canada. Effective April 1st, professionals formerly designated as Insolvency or Bankruptcy Trustees are now...Read more
Bankruptcy Trustees & Proposal Administrators: Fact VS Fiction
Aug 4, 2015
Nowadays there aren’t many taboos left in Canadian society, but one taboo that has persisted over the years is debt. Unfortunately our reluctance to talk about debt often results in a lot of misinformation being taken for truth, particularly where debt...Read more
Statute of Limitations and Debts in BC
Jul 21, 2014
A group of debt experts from across the country including Blair Mantin, President and Licensed Insolvency Trustee at Sands & Associates in British Columbia, spoke with CanadaCreditCards.com to help shed light on the varying limitation periods of consumer...Read more
Trustee in Bankruptcy Basics
Jun 23, 2014
If you’re considering meeting with a bankruptcy trustee about your debts you probably have a lot of questions about what a trustee does. If you’ve never even heard of a bankruptcy trustee or Consumer Proposal administrator there’s probably even more...Read more
But what about my Credit Score?
Oct 21, 2013
Concerns about credit reports and credit scores are very common worries that people mention. Despite the fact that their debts are causing stress, some individuals are more focused on what the credit bureau thinks of them than what they are facing (often on...Read more
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Featured Blogs
How Do I Get a Consumer Proposal Loan?
Jul 10, 2023
Consumer Proposals are a unique solution for Canadians to consolidate and cut their debts, without needing new financing or loans. Read on to understand how filing a Consumer Proposal works, how you can finish a Consumer Proposal early – and why you should...Read more
What Happens When You Can’t Pay Your Debt?
Jul 10, 2019
Money problems often sneak up on consumers, and few people are prepared to face unexpected financial hardships that leave them unable to repay their debts as planned. If you’re worried about being unable to pay your credit cards or other debts, read on to...Read more
