Season 4 · Episode 185
185 – 3 Types of Bankruptcies We Expect in 2018
Debt Free in 30 · Doug Hoyes
March 17, 201833m 31s
Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
At the end of last year, Ted Michalos and I predicted three types of bankruptcies we expected to see more of in 2018:
- People will be denied for debt consolidation and refinancing.
- Ontarians will be dealing with lower home equity and as a result, end up filing for more proposals
- 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.