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185 – 3 Types of Bankruptcies We Expect in 2018

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Manage episode 200965420 series 117835
Content provided by Douglas Hoyes and Doug Hoyes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Douglas Hoyes and Doug Hoyes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

At the end of last year, Ted Michalos and I predicted three types of bankruptcies we expected to see more of in 2018:

  1. People will be denied for debt consolidation and refinancing.
  2. Ontarians will be dealing with lower home equity and as a result, end up filing for more proposals
  3. We will see crypto-currency related bankruptcies in the New Year.

To review those predictions now that the year has started and to share his insight, I'm joined today by our Manager of Consumer Insolvency, Scott Terrio. We'll look at issues like whether the new mortgage rules impede Canadians' ability to consolidate their debt and what impact home prices will have on insolvencies.

  continue reading

526 episodes

Artwork
iconShare
 
Manage episode 200965420 series 117835
Content provided by Douglas Hoyes and Doug Hoyes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Douglas Hoyes and Doug Hoyes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

At the end of last year, Ted Michalos and I predicted three types of bankruptcies we expected to see more of in 2018:

  1. People will be denied for debt consolidation and refinancing.
  2. Ontarians will be dealing with lower home equity and as a result, end up filing for more proposals
  3. We will see crypto-currency related bankruptcies in the New Year.

To review those predictions now that the year has started and to share his insight, I'm joined today by our Manager of Consumer Insolvency, Scott Terrio. We'll look at issues like whether the new mortgage rules impede Canadians' ability to consolidate their debt and what impact home prices will have on insolvencies.

  continue reading

526 episodes

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