#Bankruptcy Process Ontario

[braydenhoopermortgages]

Accessing Up To 90% Home Equity With Brayden Hooper Mortgages

Homeownership is a remarkable achievement, signifying financial stability and security. Beyond the comfort of having a place to call your own, your home also holds a valuable financial resource known as "home equity." In this post, we will delve into the concept of home equity and how Brayden Hooper Mortgages can assist you in unlocking up to 90% of it with quick loans Ontario. Understanding Home Equity Home equity can be called the sum of your home's current market worth and the outstanding balance of your mortgage. Imagine your home is valued at $300,000, and you still owe $150,000 on your mortgage; in this scenario, you possess $150,000 in home equity. Brayden Hooper Mortgages recognizes the significance of this asset and specializes in helping homeowners tap into their home equity. The Value of Home Equity Home equity is a valuable financial resource that can serve various purposes, making it an important aspect of your financial portfolio. With the assistance of Brayden Hooper Mortgages, you can leverage your home equity for: 1. Home Improvements

Your home equity can be a source of funding for those much-needed renovations and home improvements. Whether it's a new kitchen, a bathroom upgrade, or a complete makeover, Brayden Hooper Mortgages can provide the financial support you require.

2. Debt Consolidation

If you're burdened by high-interest debts like credit card balances, Brayden Hooper Mortgages can help you consolidate these debts by using your home equity for the bankruptcy process Ontario.

3. Education Expenses

Education is a valuable investment in your future. Brayden Hooper Mortgages can assist you in using your home equity to finance your education or that of your children, ensuring that educational opportunities are within reach.

4. Emergency Funds

Life is unpredictable, and unexpected expenses can arise at any time. Your home equity can act as a reliable source of emergency funds when you need them most. Brayden Hooper Mortgages can guide you in accessing these funds efficiently.

Accessing Up to 90% of Your Home Equity with Brayden Hooper Mortgages Now that you comprehend the potential of home equity, the question arises: How can you access up to 90% of it with Brayden Hooper Mortgages? Brayden Hooper Mortgages is a trusted refinance mortgage Ontario firm, specializing in helping homeowners unlock the full potential of their home equity. With a registered franchise of the Mortgage Alliance Network and collaboration with over 40 lenders, Brayden Hooper Mortgages offers personalized financial solutions that can address your unique needs. Get in touch now by visiting https://braydenhoopermortgages.com/ Original Source: https://bityl.co/LAiM

[seoblog4]

Cash Flow Crisis? Emergency Loans Can Help!

In the fast-paced world of business,credit consolidation quebec maintaining a steady cash flow is crucial for survival and growth. However, unforeseen circumstances—such as economic downturns, sudden expenses, or unexpected drops in sales—can lead to a cash flow crisis. When this happens, emergency loans can offer a lifeline. Here’s how they can help and what you should consider.

Understanding Cash Flow Crisis

A cash flow crisis occurs when a business does not have enough liquid cash to meet its short-term obligations. This can result from various factors, including:

Seasonal fluctuations: Many businesses experience dips in revenue during certain times of the year.

Unexpected expenses: Equipment failures, legal issues, or sudden increases in operating costs can strain finances.

Economic downturns: A recession can lead to reduced sales and delayed payments from customers.

Ignoring cash flow issues can lead to severe consequences, including damage to your credit score, missed payments, and even bankruptcy.

How Emergency Loans Can Help

Emergency loans provide immediate financial relief, allowing businesses to cover operational costs, pay employees, and manage unexpected expenses. Here’s how they can be beneficial:

1. Quick Access to Funds

Emergency loans are designed to be fast and accessible. Many lenders offer quick approval processes, providing funds within days, which is crucial during a cash flow crisis.

2. Flexible Use of Funds

These loans typically come with fewer restrictions on how the money can be used. You can allocate funds to cover payroll, inventory, or other essential expenses.

3. Improved Cash Flow Management

By securing an emergency loan, businesses can stabilize their cash flow, allowing time to strategize and implement long-term solutions to financial challenges.

4. Building Credit

Successfully managing an emergency loan can improve your business credit score, making it easier to secure financing in the future.

Types of Emergency Loans

When considering an emergency loan, it’s essential to understand the different types available:

Short-term loans: Generally have higher interest rates but offer fast access to cash.

Lines of credit: Allow businesses to borrow as needed, providing flexibility in managing cash flow.

Merchant cash advances: Offer quick funding based on future credit card sales but often come with high fees.

Considerations Before Applying

Before applying for an emergency loan, consider the following:

Interest Rates: Compare rates from different lenders to find the best deal.

Repayment Terms: Understand the repayment schedule and ensure it aligns with your cash flow.

Fees: Be aware of any hidden fees that could increase the overall cost of the loan.

A cash flow crisis can be daunting, but emergency loans can provide the necessary support to navigate tough times.bad credit loan ontario By understanding your options and making informed decisions, you can stabilize your business and work towards a brighter financial future. Remember, proactive financial management is key to avoiding crises in the first place, so keep an eye on your cash flow and plan ahead!

[creditdocca]

How Can Manitobans Navigate Debt Relief Services?

Several crucial procedures are involved in navigating Manitoba's debt relief options. To begin through, determine the amount of debt you have by assessing your financial status. Next, investigate the dissimilar debt relief choices available, each through pros and downsides of its own, alike consumer proposals, debt consolidation, and bankruptcy. Make sure the local Manitoban agencies and groups providing debt relief help are recognized and accredited by doing some investigation on them. In order to achieve long-term financial constancy, create a budget and a plan to holder your money more skillfully.

Debt Reduction in British Columbia

Debt relief British Columbia programs provide a range of possibilities for people facing financial difficulties. Licensed insolvency trustees offer residents through access to consumer proposals, bankruptcy, and debt consolidation facilities. British Columbia offers an extensive range of community-based agencies and organizations that proposal helpful resources and guidance to individuals in essential.

Debt Reduction in Manitoba

Investigative many choices to determine which one finest suits your financial circumstances is part of circumnavigating debt relief Manitoba. Consumer proposals, which let you bargain through creditors to lower your total debt, and debt consolidation, which syndicates several debts into one easier-to-manage payment, are two instances of debt relief services in Manitoba. To get obliging guidance and support in choosing the best course of action for your necessities, speak with a credit counselor or a specialized insolvency trustee in Manitoba.

Debt relief New Brunswick

There are several debt relief facilities available to New Brunswick occupants who are struggling with debt. In order to help people comprehend their options and create a strategy for debt reduction, local credit counseling administrations in New Brunswick provide direction and support. You may discover these choices and determine a solution catered to your distinctive financial circumstances by working with a specialized insolvency trustee.

Debt relief Newfoundland and Labrador

Debt reduction programs offer ways for people in Newfoundland and Labrador to get their finances back on path. Debt consolidation is one choice; it combines numerous debts into a single payment; consumer proposals facilitate talks through creditors. In Newfoundland and Labrador, local collections and certified insolvency trustees offer vital assistance and direction to citizens in understanding and putting into exercise efficient debt relief plans.

Debt Settlement in Nova Scotia

Residents of Nova Scotia might examine a number of possibilities though looking for Debt relief Nova Scotia. Debt consolidation, which syndicates several debts, and consumer offers, which entail negotiating a shorter payment schedule through creditors, are two kinds of debt relief services obtainable in Nova Scotia. The finest course of action for controlling and lowering your debt can be determined by talking with a credit counselor or an expert insolvency trustee in Nova Scotia.

Ontario's Debt Relief

Financial issues can be addressed through a diversity of solutions offered by Debt relief Ontario. Bankruptcy, consumer offers, and debt consolidation are obtainable options. Every solution has benefits of its own and can be customized to encounter specific demands. Organizations and local facilities can assist you reach financial security and can help you steer the process.

Debt relief Prince Edward Island

Debt relief programs provide Prince Edward Islanders with multiple paths to financial stability. Bankruptcy, consumer proposals, and debt consolidation are obtainable options. To assist you through navigating the process and making an efficient plan to manage and decrease your debt, local organizations and professionals are obtainable.

[loanspotca]

Navigating Financial Freedom with Canadian Debt Relief Programs

Managing personal finances in today’s fast-paced world can be challenging, especially when debt becomes overwhelming. For many Canadians, this challenge is all too real. Fortunately, there are various Canadian debt relief solutions available to help individuals regain control over their finances. Whether you're dealing with credit card debt, student loans, or other forms of unsecured debt, understanding the options for Canadian debt relief programs is essential for anyone seeking financial stability.

Understanding Canadian Debt Relief

Canadian debt relief refers to a set of strategies designed to reduce or eliminate the amount of debt owed by individuals or businesses. These strategies can include debt consolidation, debt settlement, credit counseling, and, in extreme cases, bankruptcy. The goal is to provide a structured pathway out of debt, making it easier to manage and eventually pay off.

One of the critical aspects of Canadian debt relief programs is that they are tailored to the unique needs of the individual. Whether you're struggling with mounting credit card bills, personal loans, or other unsecured debts, these programs are designed to offer a lifeline to those in financial distress.

Debt Relief Program Canada: An Overview

When it comes to debt relief program Canada options, there are several avenues to explore. Each program offers different benefits depending on your financial situation. Here are some of the most popular options:

Debt Consolidation: This approach involves combining multiple debts into a single loan with a lower interest rate. By consolidating your debts, you can reduce the number of monthly payments and potentially save money on interest.

Debt Settlement: This involves negotiating with creditors to settle your debt for less than the full amount owed. This option is typically available to those who are experiencing severe financial hardship.

Credit Counseling: Non-profit organizations often offer this service to help individuals develop a budget, manage their debts, and work out a repayment plan with creditors.

Consumer Proposal: A legal process that allows individuals to negotiate with creditors to pay a portion of their debts over an extended period. This option is available to those who cannot afford to pay their debts in full but wish to avoid bankruptcy.

Ontario Debt Relief: Provincial Assistance

For residents of Ontario, specific Ontario debt relief programs are available to assist those struggling with debt. These programs are similar to those available nationwide but may have unique features tailored to the province’s residents.

One popular option in Ontario is the Ontario Debt Relief Program, which offers a structured approach to managing and reducing debt. The program typically involves working with a licensed insolvency trustee who will assess your financial situation and recommend the best course of action. This may include filing a consumer proposal, entering into a debt consolidation program, or, in extreme cases, filing for bankruptcy.

Bad Credit Credit Cards Canada: A Tool for Rebuilding Credit

While dealing with debt is a priority, rebuilding credit is also essential, especially for those with a poor credit history. Bad credit credit cards Canada are specifically designed for individuals who have struggled with credit in the past. These cards typically have higher interest rates and lower credit limits, but they can be an effective tool for rebuilding your credit score.

Using a bad credit credit card Canada responsibly can help you demonstrate to future lenders that you can manage credit effectively. This can be an essential step toward financial recovery and qualifying for better credit products in the future.

Loanspot: Your Partner in Financial Recovery

When navigating the complex world of Canadian debt relief programs, having a reliable partner can make all the difference. Loanspot is committed to helping Canadians find the right solutions for their financial needs. Whether you're exploring debt consolidation options, seeking credit counseling, or looking to rebuild your credit with a bad credit credit card Canada, Loanspot is here to guide you every step of the way.

At Loanspot, we understand that every individual’s financial situation is unique. That’s why we offer personalized advice and tailored solutions to help you achieve financial freedom. Our team of experts is dedicated to providing you with the information and support you need to make informed decisions about your financial future.

Conclusion: Taking Control of Your Financial Future

Debt can be overwhelming, but it doesn’t have to define your future. With the right Canadian debt relief strategy, you can take control of your finances and work towards a debt-free life. Whether you're considering a debt relief program Canada, exploring Ontario debt relief options, or looking to rebuild your credit with a bad credit credit card Canada, there are resources available to help you on your journey.

Loanspot is here to support you with expert advice and personalized solutions. By understanding your options and making informed decisions, you can pave the way for a brighter financial future. Remember, the first step toward financial freedom is taking action, so don’t hesitate to reach out for the help you need.

[brookstonalmanac]

Beer Events 3.4

Events

1st Tavern opened in U.S., “The Three Mariners,” by Samuel Cole (Boston; 1634)

"Common victualing houses," or taverns, had to be licensed by the court (Massachusetts; 1635)

William Penn received a charter for land (Pennsylvania; 1681)

Chicago incorporated (1837)

Fire destroyed the Labatts Brewery (Ontario, Canada; 1874)

William Class patented an Improvement in Apparatus for Supplying Beer-Barrels (1879)

John Weissne & Sons Brewing began building a new brewery to double capacity (Maryland; 1899)

Otto Selg and Carl Guntrum patented a Process of Converting Wort into Beer (1902)

Frank Howland patented a beer Valve (1902)

Robert Salmons patented an Apparatus for Racking Liquids (1902)

William Wagner patented a Bottle Cap (1941)

Haerle Brewery saved from bankruptcy by offering stock at $500 per share and 5 cases of beer as a bonus (Germany; 2003)

InBev created by the merger of AmBev and Interbrew (2004)

Breweries Opened

Pepperwood Bistro (Canada; 1993)

Palm Springs Brewery (California; 1994)

Chicago Brewing (Nevada; 2000)

[college-girl199328]

For the first time in nearly a year, the former chair of Health P.E.I.'s board has criticized the state of the province's healthcare system and challenged the current health minister on recruitment efforts. Derek Key stepped down from the health agency's board in December 2022, citing multiple failures in the government's efforts to foster quality health care on the Island.

On Thursday night, the Summerside lawyer stood to speak at a packed town hall meeting held to let residents and healthcare workers express concerns about recent cuts to services at Prince County Hospital.

McLane had just finished replying to an assertion from the town hall's moderator, Prince County Hospital Foundation vice-president Derek Bondt, that physicians and medical school students aren't receiving a response when they contact Health P.E.I. recruiters about their desire to work on the Island.

The health minister said he had been told of 16 instances like that during his eight months in the job of not hearing back from a recruiter.

He said he personally followed up on 15 of those cases and asked anyone in the crowd who knew of a similar issue to contact him directly.

But Key begged to differ. He took the microphone to a big round of applause from the hundreds of people gathered in Credit Union Place for the town hall. He said he had received an email just three days earlier from a third-year medical school student from the Island. Key said he asked the student if he'd been contacted by a recruiter about working in his home province.

CBC News has not seen the email Key was quoting. He declined a request for an interview following the meeting. Key told the crowd that the student went on to write that it's been frustrating as well for three other classmates, also from the Island, when it came to dealing with Health P.E.I. recruiters.

He said the student also wrote of not getting a reply to a question about a housing subsidy during a required training rotation on P.E.I., although other Atlantic provinces do provide such help to medical students whose seats they have sponsored.

McLane said he would look into the issue and try to figure out where people are falling through the cracks in the recruitment process.

Back in February 2023, Key told a legislative committee that the planning and decision-making around health care on the Island was being done by the government — out of the hands of Health P.E.I. He also said there were too many hurdles when it came to hiring staff and making necessary changes.

A small group of landlords who own hundreds of rental properties across the province have run out of money, owe over $144 million in unpaid loans, and face dozens of lawsuits from creditors, according to documents filed with the Ontario Superior Court of Justice. Dylan Suitor, Ryan Molony, and Aruba Butt are behind 11 now-insolvent corporations that face a "liquidity crisis" with only $100,000 in the bank, the documents say.

The three received court-ordered protection under the Companies Creditors Arrangement Act (CCAA) from over 300 lenders until the end of March 2024, wrote Justice Jessica Kimmel in her decision this week.

Also known as bankruptcy protection, it means any legal action taken by lenders to recoup their money has been paused so the landlords can attempt to save their business. Documents say 32 lawsuits are currently filed against the corporations in courthouses across Ontario. The landlords and their corporations are based in the Hamilton area but specialize in buying, renovating, and, in some cases, relisting "distressed residential real estate in undervalued markets," said a court factum.

Those markets are in Timmins, Sault Ste. Marie and Sudbury, as well as smaller communities, including Kirkland Lake, Temiskaming Shores, and Val Caron. The landlords currently own 406 properties where 1,000 tenants live, making them "one of the largest holders of residential real estate in Ontario," Kimmel wrote.

Suitor is a Hamilton investor who made headlines last year for shutting off tenants' water for nearly three months at 1083 Main St. E. after a pipe burst. At the same time, he was trying to evict them through the Landlord and Tenant Board to renovate their units, which is an ongoing process, lawyers representing the tenants have said.

The corporation that owns the building — which sits across from Hamilton's picturesque Gage Park — is not among those in financial trouble that require creditor protection.

Suitor is also a Realtor with over 200,000 followers on Instagram, where he shares business advice as a "self-made" entrepreneur and real estate investor. Last August, Suitor hosted a "Business Results Training Seminar" in Burlington, Ont., promising attendees would learn to grow their business up to 150 percent over 12 months, according to his social media posts.

Butt is a director of some of the corporations under creditor protection, which own dozens of properties in Sault Ste. Marie. Molony is president of SID Developments, according to the website of the company, which provides renovation and management services to the corporations.

SID Developments was founded by Robert "Robby" Clark, a former child actor known for his starring role in The Zack Files. Clark described the corporations' unraveling in an affidavit filed in court.

Their efforts were "hampered" by the Bank of Canada's interest rate hikes beginning in March 2022 and falling home prices. They ran out of money to finish renovating some units, which now sit empty, and represent $350,000 a month in lost revenue, Clark said. More than 200 of the 631 rental units they own are currently empty, documents show.

With the creditor protection order, the landlords have access to a $12-million loan to pay for the cost of the court proceedings and complete renovations. They'll also pursue "comprehensive refinancing or restructuring" and a "consensual plan of compromise" with lenders to continue operations. Filing for creditor protection is often used as "a very last resort" for companies on the brink of bankruptcy, said lawyer Karen Fellowes, based in Calgary and Vancouver, who specializes in restructuring and insolvency and is not involved in this case.

Other times, companies use it strategically if they predict a looming "liquidation crisis" and need to restructure over several months, she said.

Whether the landlords will be successful in saving their business depends on whether the 300 lenders agree to support them, Fellowes said. They will likely get an extension for creditor protection and try to sell some properties, she added. Tenants have rights that would allow them to stay in their homes even if there's a new owner unless lenders want the units vacated and it's ordered by the court, Fellowes said.

For tenants living in properties not part of the proceedings, like the one at 1083 Main St. E. in Hamilton, it's unlikely those buildings would be directly impacted as they're owned by other corporations, she said. Real estate investors often try to "limit liability" by creating multiple corporations.

[401autofinancing]

Subprime Car Loans in Ontario: Overcoming Financial Challenges to Drive Your Dreams

Introduction

In the bustling province of Ontario, Canada, having access to a reliable vehicle is often a necessity for everyday life. However, for individuals with less-than-perfect credit histories, the path to car ownership can seem daunting. This is where subprime car loans in Ontario come into play. In this blog, we'll explore what subprime car loans are, how they work, and how they can be a viable solution for those facing financial challenges in their quest for a vehicle.

Understanding Subprime Car Loans

Subprime car loans are specialized financing options designed to help individuals with lower credit scores secure financing for a vehicle purchase. These loans cater to borrowers who may have faced financial setbacks, such as missed payments, bankruptcies, or other credit issues, making it challenging for them to qualify for traditional auto loans.

How Subprime Car Loans Work in Ontario

Credit Assessment: When applying for a Subprime car loans in Ontario, lenders assess your credit history, income, and other financial factors. While your credit score is a key consideration, some lenders may also focus on your ability to make regular monthly payments.

Interest Rates: Subprime car loans typically come with higher interest rates compared to traditional auto loans. The increased interest rates reflect the added risk that lenders take when providing financing to borrowers with lower credit scores.

Loan Terms: The length of the loan term can vary, but it's essential to choose a term that aligns with your budget and financial goals. Longer terms may have lower monthly payments but may result in higher overall interest costs.

Down Payment: Making a down payment can improve your chances of approval and reduce the amount you need to finance, potentially lowering your overall interest costs.

Benefits of Subprime Car Loans in Ontario

Access to Transportation: Subprime car loans provide a pathway to car ownership for individuals who might otherwise struggle to secure financing. This access to transportation can enhance their quality of life and provide opportunities for employment and mobility.

Credit Rebuilding: Timely payments on a subprime car loan can positively impact your credit score over time. Consistent and responsible repayment can help you rebuild your credit history.

Vehicle Options: With a subprime car loan, you can explore a range of vehicle options, including both new and used cars, depending on your budget and preferences.

Tips for Securing a Subprime Car Loan in Ontario

Check Your Credit Report: Review your credit report for errors and discrepancies. Dispute any inaccuracies to improve your credit profile.

Budget Wisely: Determine how much you can comfortably afford to spend on a car loan, including monthly payments, insurance, and maintenance costs.

Shop Around: Explore different lenders and financing options to find the most favorable terms and interest rates available to you.

Understand the Terms: Carefully review and understand the terms and conditions of your subprime car loan, including interest rates, loan duration, and any additional fees.

Consider a Co-Signer: If possible, having a co-signer with a strong credit history can improve your chances of approval and may lead to more favorable loan terms.

Conclusion

Subprime car loans in Ontario serve as a lifeline for individuals who have faced financial challenges but are determined to secure reliable transportation. These loans offer an opportunity to rebuild credit while gaining the independence that comes with owning a vehicle. By understanding the process, budgeting wisely, and exploring your options, you can navigate the world of subprime car loans in Ontario and drive toward a brighter financial future.

[cosmicimmigrationservices]

Apply for Spousal Sponsorship Through Immigration Consultant

It is no secret that every year, thousands of foreign skilled workers immigrate to Canada to lead a quality of life and live in a secure and safe society. But in most cases, they cannot bring their spouse to Canada. It’s challenging to live abroad alone by having no family members. 

The Canadian government understands the importance of staying with family, and that’s why they launched a spousal sponsorship program in Ontario. Through this amazing immigration program, you can bring your wife or spouse to Canada with the help of an immigration professional. The responsibilities of an immigration consultant are paramount because they ensure that your family goes through the process without any problem. 

What is Spousal Sponsorship?

Canadian citizens and permanent residents can bring their spouse, conjugal partner or common-law partner to bring them to Canada through a spousal sponsorship program. The sponsored persons can become permanent residents after submitting all the required documents. While sponsoring, you have two options to choose from - inland and outland sponsorship. 

What are the Eligibility Criteria for Spousal Sponsorship?

If You are a Sponsor

You must be 18 years old.

Must be a Canadian permanent resident or citizen.

You don’t receive any social assistance

You live in Canada

You can provide the basic needs of your spouse. 

There is no record of bankruptcy or criminal history.

How Much Does Spousal Sponsorship Cost?

The cost of a spousal sponsorship program may vary based on several factors. But to know the right amount, you must contact an expert. The responsibilities of an immigration consultant is to inform you of all the updates about the immigration procedure. The average cost of this program is $1,080. If we break down the total cost, it will be the following,

Principal applicant processing fee: $490

Sponsorship fee: $75

Right of permanent residence fee: $515

How Long Does It Take for Spousal Sponsorship in Canada?

In general, it takes 12 months to complete the procedure. But the time may take longer if your case is complicated. 

Contact Us!

If you want to bring your spouse to Canada, contact a professional. Since this procedure is complicated, responsibilities of an immigration consultant become very important. To know more about the latest changes in this program, contact us at Cosmic Immigration in Ontario. 

[cdntrustee]

INHERITANCE DURING BANKRUPTCY: OUR BEST ANSWER TO HOW IS AN INHERITANCE TREATED IN A BANKRUPTCY?

INHERITANCE DURING BANKRUPTCY: OUR BEST ANSWER TO HOW IS AN INHERITANCE TREATED IN A BANKRUPTCY?

Inheritance during bankruptcy:  Family situations Your assets are considered yours in Canada. In other words, if during your bankruptcy you inherit money from a family member, the property belongs to the bankruptcy estate.   Your property, including cash, will be distributed by your licensed insolvency trustee (“Trustee”) to your unsecured creditors. Whenever an insolvent person comes to us for a…

[braydenhoopermortgages]

Working With Private Mortgage Lenders: A Reliable Process

A lot of people believe that going for a private mortgage is quite a scary process, and therefore, they refrain from it without having complete information. In reality, it is much better than going for traditional lenders like banks. When you work with the best private lenders Ontario for getting a private mortgage, they will ensure to make the entire process is seamless for you. Keep on reading to find out why working with them can be beneficial. Shortage of time In several situations, you may not have the time to wait for traditional mortgage loan approval. The process of loan approval and traditional mortgage can be quite complex and may require a lot of time and effort. Sometimes, you may not have as much time in hand and may need money quickly. In this situation, private mortgage lenders can be your perfect solution. Poor credit score In traditional mortgage loans, everything is solely decided on your credit score. If you have a bad credit score for any reason, they will not approve the loan and this will leave you helpless in situations where you have an urgent need. However, with the help of private mortgage lenders, you can easily go for a mortgage even with a poor credit score. Debt consolidation You may have several high-interest debts like credit card bills, car loans, and much more. They can work with you to create a manageable debt consolidation Ontario package. This way, you will be able to work with a trusted lender and get a loan to pay these high-interest debts without any issues. You will be able to manage your debts in a much better way with private mortgage lenders. Purchasing non-traditional property If you want to invest in a non-traditional property that banks do not consider to be of great value, they may not approve the loan. You can work with private mortgage lenders as they can help you get the money fast and in less time. There are several private money lenders available in the market. The key is to choose a reputable one that can assist you in the right direction. About Brayden Hooper Mortgages: Brayden Hooper Mortgages is one of the most renowned firms that you can connect with if you require private lending solutions. They can help their clients in difficult financial situations and can help with bankruptcy process Ontario, debt consolidation, and quick loans as well. Their services are perfect for people from various backgrounds. To get private lending services, visit https://braydenhoopermortgages.com/ Original Source: https://bityl.co/Kw1E

[fatehbaz]

Not exaggerating, I do feel like I’m an involuntary witness to some kind of fantastical, horrific, and yet comedic fever dream. The hubris, the catastrophic failure in Alberta’s oil fields, and the cascading effects of Alberta’s actions, significantly altering the course of fossil fuel industries, Indigenous land management, and pipeline resistance at multiple pipeline and extraction sites across all of North America, all happening within only one month of time.

Early 2020: The value of a barrel of Alberta oil is now worth less than a single bottle of maple syrup.

24 February 2020: Even before pandemic quarantines become universal, headlines around the world ask: “Is this the end of the era of Alberta’s Tar Sands?” This is in response to the “death’ of the 21-billion-dollar Frontier project.” After 9 whole years of negotiation, a potential deal between Trudeau and a major energy company collapses. The Frontier project would have increased Canada’s oil production by 5% and caused devegetation of at least 25,000 acres of boreal forest. The deal involved Canadian federal approval of a T/e/c/k Resources project which would depend on the construction of the Keystone XL pipeline. T/e/c/k lost hundreds of millions of dollars in paying out-of-pocket for a regulatory review. In recent months, multiple global oil giants, including R/oyal D/utch S/hell and Con/ocoPhil/lips, announced they were ending investment in Alberta’s Tar Sands.

30 March 2020: Pandemic quarantines lead to operation closures in Alberta’s Tar Sands. Now, you could probably buy 2 barrels of Alberta oil for the price of 1 bottle of maple syrup.

31 March 2020: Regardless of nearly-worthless value of Alberta oil, and while Alberta recently reports a staggering 14 billion dollar deficit as pandemic spreads, on this day Alberta premier Jason Kenney announces that Alberta will donate over 7 billion dollars in investments and loan guarantees to the Keystone XL pipeline project designed to export oil from Alberta’s Tar Sands and into the Great Plains of the US. The portion of Keystone XL that needs to be built within US borders had been legally suspended since 2012, but revived by the US government in January 2020.

2 April 2020: Less than 3 days since the Alberta provincial government granted billions to Keystone XL, on this day, Athabasca Oil Corp. is forced to end their operations at the Tar Sands, also cutting their corporate staff by 15%. Over the past week, Alberta energy titan Sun/cor was forced to close one of its two oil lines at Fort Hills, potentially diminishing processing of 50,000 barrels of oil each day. On this day, Global News Canada also reports that most Alberta energy companies have lost 20% to 50% of their staff and cut their executive member salaries by 10%. Canadian energy companies cut $6 billion in expenditures in March, about 30% of oil operations. Canadian oil companies have cut output by over 100,000 barrels each day since pandemic arrived in North America.

Bonus round, extra news from 2 April 2020: The Sault Ste. Marie Tribe of Chippewa Indians and Bay Mills Indian Community, among other tribal communities, challenge the Michigan Public Service Commission during public comment sessions, asking Michigan to deny En/bridge Energy’s Great Lakes Tunnel Project. In the midst of pandemic, En/bridge said it would not delay submitting permits to build the tunnel. The project would service En/bridge’s Line 5 pipeline, which brings oil and natural gas from Superior (Wisconsin) to Sarnia (Ontario). It is expected that Michigan will make a decision on the permits within 1 to 4 months.

5 April 2020: On 3 March 2020, En/bridge Energy, based in Alberta, announced that the completion of their Minnesota pipeline might be delayed for a year. But then pandemic happened. On this day, the Minneapolis Star-Tribune reports that Alberta’s Tar Sands difficulties might yet be directly responsible for giving activists and Minnesota Public Utilities Commission good reason to finally end the construction of En/bridge’s $2.6-billion Line 3 fossil fuel pipeline in Minnesota. En/bridge had expected the Minnesota pipeline to be operational by the end of 2020.

6 April 2020: After waiting nearly a decade to build the infrastructure, the construction of the US portion of the Keystone XL pipeline finally begins on this day, at the border between Montana and Saskatchewan, as pipeline workers move into region despite how most people on Earth are told to stay indoors and not to travel. The Fort Belknap Indian Community, located close to this pipeline construction site, declares a state of emergency in response. Tar Sands operations in Alberta have lost billions of dollars in income in the past 3 weeks. 

16 April 2020: Less than  only 3 weeks since Premier Kenney announced Alberta’s donation of billions of dollars to Keystone XL, and only 10 days after the Keystone XL pipeline began construction, Native organizers from Rosebud Sioux reservation (South Dakota) and Fort Belknap Indian Community (Montana) convince a judge in a small Montana city to legally halt construction on important portions of the pipeline, citing the pipeline’s potential harm to the American burrowing beetle in Nebraska’s Sand Hills and riparian species like the pallid sturgeon.

20 April 2020: The value of oil drops below $0.00 for the first time in history.

Bonus round, extra news from 20 April 2020: As a result of the Montana ruling against Keystone XL, the US Army Corps of Engineers announces that dozens, or perhaps hundreds, of fossil fuel projects in the US must be immediately halted and reevaluated, since thousands of fossil fuel projects were inadequately assessed for ecological effects since 2017. The Permian Highway pipeline in Texas and the Mountain Valley pipeline in Virginia are also expected to be delayed, costing multiple oil/fossil fuel companies across the US millions/billions of dollars.

24 April 2020: Alberta’s highest court overturns prior approval from Alberta Energy Regulator and crushes a 440-million-dollar Tar Sands project in the Moose Lake region north of Fort McMurray, only weeks before the oil operation was set to begin construction, ruling in favor of the Fort McKay First Nation who successfully sought to protect a portion of their land considered sacred. Over 70% of Fort McKay First Nation’s land is already taken by mines. 

27 April 2020: 3 of the biggest Alberta energy companies report combined $4.8 billion in losses. Premier Kenney says he’s been told that Alberta will be liable for oversupply of worthless oil for at least 12-18 months.

1 May 2020: The developers of Keystone XL announce that the Montana court ruling might suspend the completion of their pipeline for over a year. US corporations and monitors of energy industries continue to say that the ruling’s effects “are hard to overstate” and are “a big deal,” which could cause legal challenges that would prevent pipeline construction for years and lead to bankruptcies.

---

Alberta ...

[avonfinancial]

All About Refinancing Your Mortgage in Canada

Post pandemic era has seen several changes and we all are adjusting to the new normal. One of the blessings in disguise is the interest rate of mortgage loans has reached its lowest. It is the right time if you are looking for mortgage loans or refinancing an existing one. It is the best time to opt for mortgage refinance in Ontario. Currently, the mortgage rate at Brampton is at its lowest and will help you save a lot of money on the interest you are paying on the existing loan. But before making any decision you must have clarity over the concept of refinancing, why you should consider it, the risks involved, and the procedure for the same.  

When one takes a loan at a different interest rate with an aim of closing an existing mortgage loan then it is known as mortgage refinancing. Refinancing helps in reducing interest rates and saving a solid amount on interest. It will help in reducing monthly instalments, negotiating to get lower mortgage rates as well as term conditions, and also help reach financial goals. It can also give you access to cash if the loan amount you have taken is larger than the existing one.

Why opt for Mortgage Refinance?

Mortgage refinancing can be very tempting but if taken for the wrong reasons can lead you into bigger financial trouble than you are in now. It is important that you have the right reasons for mortgage refinancing. Applying for a mortgage refinance can be stressful and complicated if you are not aware of the process, benefits and risks, and the right reasons for applying.

Major Reasons for A Mortgage Refinance Are:

For paying your existing mortgage loan early.

Reducing current interest rates

Saving money on interest

Opt for a term loan for a longer period

To meet your financial goals

Give access to cash that you can invest for better returns

Remove mortgage insurance

Buy an expensive property with the help of cash-out refinancing

People often confuse between right and wrong reasons and go for mortgage refinancing without giving much thought. To keep you on the safer side here is a list of all the wrong reasons because of which you should not choose a mortgage to refinance services.

Wrong Reasons for A Mortgage Refinance Are

If you want to save money for your new home. Refinancing will also cost you additional expenses like closing costs for the existing loan. It will take some years to reach breakeven of additional expenses even after paying lower interest. If you plan to purchase a new house in the next 5 years then refinance will not benefit you as the additional cost will be greater than the benefits. You can use a break-even calculator that will help you calculate the time you will need to reach breakeven.

For using cash to buy something luxurious. If you use cash from the refinance for buying cars, or any other expensive items without having a clear financial plan then you will end up in big financial troubles in the future. With reduced equity in your home and an increased load of debt can lead you to bankruptcy. It is important to invest cash received from mortgage refinancing in something that enhances your financial stability in the future.

If refinancing increases your loan time period significantly especially when you have already paid interest for more than half of the loan period. As you pay interest in starting years and in end you pay the principal. If you have reached half of your existing loan you have reached a point where you will start repaying the principal amount. It will be a stupid move if you start off with paying interest again. It is better to first calculate the interest you have already paid and the remaining amount to be paid.

Taking short-term mortgage refinancing in Ontario without reaching your set financial target will increase the financial burden. In a rush of closing existing debts, you will not be able to meet your financial goals and will not be able to save for your retirement or other investments.

If you have bought a home recently and are planning for refinancing it.

To make the right choice and process easy there is various mortgage refinancing broker available in Ontario. They can guide you about the whole process, help you crack the most suitable deal, and get the best mortgage rate in Brampton. They analyse the current market trends and advise you accordingly. It is important to make the right decision and go with the best plan that will help you in paying off your current debt without increasing your financial burden in the future.

When to Consider Mortgage Refinance

Apart from the right reasons it is also important that you choose the right time for a mortgage refinance in Ontario. It is advisable to go for mortgage refinance if you are:

Thinking of consolidating or paying off any type of debt like credit card or mortgage or any type of existing loans.

Thinking of renovating an existing home.

Need money for paying off some unexpected expenditure.

Avon Financial is one of the renowned Mortgage Broker in Brampton. They have a team of experienced advisors who can give you the most suitable mortgage solutions as per your requirement. They work with the motto of providing services with maintaining transparency, being honest, and maintaining integrity. They provide mortgage refinancing services as well.  At Avon Financial, every step of each process is explained in detail, and support is given till you find an appropriate solution related to the mortgage issue. They negotiate on your behalf and help you get the best mortgage rate in Brampton. There are no hidden terms and conditions or charges that should worry about. The term and monthly payments can be adjusted as per your budget and willingness.

[brookstonalmanac]

Beer Events 3.4

Events

1st Tavern opened in U.S., “The Three Mariners,” by Samuel Cole (Boston; 1634)

"Common victualing houses," or taverns, had to be licensed by the court (Massachusetts; 1635)

William Penn received a charter for land (Pennsylvania; 1681)

Chicago incorporated (1837)

Fire destroyed the Labatts Brewery (Ontario, Canada; 1874)

William Class patented an Improvement in Apparatus for Supplying Beer-Barrels (1879)

John Weissne & Sons Brewing began building a new brewery to double capacity (Maryland; 1899)

Otto Selg and Carl Guntrum patented a Process of Converting Wort into Beer (1902)

Frank Howland patented a beer Valve (1902)

Robert Salmons patented an Apparatus for Racking Liquids (1902)

William Wagner patented a Bottle Cap (1941)

Haerle Brewery saved from bankruptcy by offering stock at $500 per share and 5 cases of beer as a bonus (Germany; 2003)

InBev created by the merger of AmBev and Interbrew (2004)

Breweries Opened

Pepperwood Bistro (Canada; 1993)

Palm Springs Brewery (California; 1994)

Chicago Brewing (Nevada; 2000)

[missmyswagg]

Best Lawyers In Canada

Best Lawyers In Canada In 2020

Rocco Galati

Rocco Galati Law Firm PC, Toronto, Ont.  Rocco Galati is famed because of its one-man opposition to the current government, so far spending $42,000 of his own money on court problems.  He successfully launched a case that blocked Stephen Harper's appointment of Justice Marc Nadon to the Supreme Court of Canada.  His resistance to the appointment of Federal Court of Appeal Justice Robert Mainville to the Quebec Court of Appeal Wasn't as Profitable.  While he doesn't always win, Galati is dogged in his attempts to defend the Constitution against a government he sees pushing the boundaries with too little respect to the Charter of Rights and Freedoms.  He also 's now also been chosen as bencher of the Law Society of Upper Canada and it'll be interesting to see what he brings to the law of this profession.What voters needed to say: A true Canadian constitutional and individual rights hero.

Marie Henein

Senior spouse, Henein Hutchison LLP, Toronto, Ont. Considered one of Canada's greatest criminal defence lawyers, Henein is known for representing high-profile clients including former CBC radio host Jian Ghomeshi -- charged with seven counts of sexual assault, of which two have been dropped -- former Ontario attorney general Michael Bryant, along with junior hockey trainer David Frost.  Most recently Henein has taken on the event of defence counsel colleague Leora Shemesh, who was charged with perjury and obstruction of justice by Peel Police.  Henein is well known in the profession as a go-to attorney for most high-profile criminal matters.  She has a superb history of wins versus losses and was part of the group that recently was successful in getting John Salmon's conviction in a 1970s murder overturned. What voters had to say: Most observable leader of [the] criminal defence bar.

Justice Beverley McLachlin

Chief justice, Supreme Court of Canada, Ottawa, Ont.  A frequent member of the Top 25 list and also the top vote-getter in years past, McLachlin continues to make waves, handing down two quite significant decisions on aboriginal law.  The 2014 Tsilhqot'in Nation v. British Columbia decision directed by McLachlin is the earliest of its kind in the history of British Columbia.  This past year the Supreme Court of Canada granted declaration of aboriginal title to over 1,700 square kilometres of land.  She is also responsible for upholding the decision of the Ontario Court of Appeal at Keewatin v. Ontario (Natural Resources) published in July 2014, she has what the Lamer court started and has left her mark in this region for decades ahead.  The chief justice continues to be a highly effective proponent of justice for all Canadians.  As her unbelievable amount of votes once again this season show, McLachlin is greatly admired not just for her rulings but also her public support in favour of free speech, diversity, and inclusive direction.  What Republicans needed to say: An excellent judge who, time and time again, marries the law with common sense.  Justifiably most respected legal mind in the country; remarkable integrity; reliable public servant; clearly guided by law enforcement and a strong ideology.

Wayne Myles

Counsel, Cox & Palmer, St. John's, N.L. Myles' recent claim to fame is that the $3-billion international merger of Barbados-based Columbus International Inc. with England-based Cable & Wireless Communications PLC..  His M&A expertise, together with his dedicated client relationships, haven't only led to the largest deal in the telecommunications company's history, but demonstrated that significant foreign deals are being deftly managed by an Atlantic Canadian law firm.  He's also acted as lead counsel and tactical advisor on numerous acquisitions, licensing, and funding of several subsea and terrestrial telecommunications businesses in the international seafood processing and marketing industry.  Myles also advised on aviation matters, on many national and international commercial bankruptcy and restructuring projects and on power and transport matters. What Republicans needed to state:[An] excellent attorney with international vision.  Massive asset to any trade.

[chrisosullivanfinancing]

What You Should Have Been Taught About Credit Post 2 of 10

 The Black Swan

Mortgage Group

Not paying your credit bills on time has the same effect on your credit. Be it a late credit card, line of credit, or car payment. If the creditor reports to either TransUnion or Equifax, your credit report will have that blemish on it. The late payment will lower your score each month that it is late.

For example, if you miss your due date but pay it within 30 days of that date your score will lower. If the bill isn’t paid within that 30 days but under 60 days your score will lower a lot more. If you don’t pay your bill within 90 days or more, you will really hurt your credit score. Your score will continue to lower until your account is up to date.

The late payment will be on your report for 6 years. For every month that you are on time with your payments, the late payments will have less and less affect on your score. NSF fees are not reported to the credit reporting companies. However, they could prevent you from getting the best rates from that bank in the future.

Lending companies rarely care about the events that have led up to you not being able to pay a bill on time. If you are making payments from one bank to another, it takes 2-3 business days for that payment to be processed. If you pay a bill a day before the due date, you could still have a late payment on your credit report because of this.

Cell phone companies can report to TransUnion or Equifax. Lots of Canadians, make this mistake of not paying this bill on time and getting dinged on their credit report for it. Even when disputing the bill, pay the balance or your credit will take a hit. If a phone bill isn’t paid within 60-90 days, the collection process will start. This will cause your credit to get hit hard until the collection bill is paid. Paying the bill and then dispute it later. The collection will stay on your credit report for 6 years. Anyone telling you different is lying to you. Don’t be mislead by American websites. Once the collection is on your credit report, it doesn’t matter if you pay the full amount or settle for a dollar. A fully paid or partially paid collection has the same affect on your credit report. Make sure you get a receipt and an email stating the account has been settled.

Mortgages show up on your credit report and affect the score. Late payments will cause your current lender to not give you their best rates at renewal or to renew you at all. Getting a new mortgage from another lender will be tough. Mortgage lenders don’t want to see late mortgage payments. They can look past a couple of late payment from other creditors, but not on mortgages. Three or mor missed payments will start the foreclosure process. The foreclosure will show up on your credit report as well.

Foreclosures are much worse than a bankruptcy. Bad credit can be rebuilt quickly, but having a foreclosure show up would be devastating to receiving an A mortgage lender to give you a mortgage in the future. It won’t matter what your future credit score looks like. You may be able to get around this by providing a larger down payment to do a purchase, with a higher interest rate.

A bankruptcy and foreclosure will stay on your credit report for 6 years if you live in BC, Alberta, Saskatchewan, Manitoba, Nova Scotia, or one of the Territories. It will stay on your TransUnion report for 7 years if you live in Ontario, Quebec, New Brunswick or Newfoundland. In PEI, a foreclosure will stay on your Equifax report for 10 years and your TransUnion report for 7 years. A bankruptcy in PEI will stay on your report for 6 years with Equifax and 7 years with TransUnion.

If you find yourself in a situation where you can’t make the bill payments. Just be proactive and contact them before the due date.

Helping Your Bruised Credit, Self-Employed and Commissioned Income Clients

Secure A Mortgage Easily Without You Having to Worry About the Service They Receive