Insolvency guidance for professionals advising clients in debt

Practical guidance for lawyers, accountants, financial advisors, mortgage brokers and immigration consultants.

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Red umbrella to weather the storm of debt

POWER OF SALE IN ONTARIO: WHEN A PRIVATE LENDER COMES AFTER YOUR CLIENT’S HOME

If you are a lawyer, accountant, mortgage broker, realtor, or another professional advising a client facing a power of sale, this is written for you.

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DEBT CONSULTANTS: INSIGHTS FOR CANADA FROM THE UK & AUSTRALIA

Unregulated debt consultants threaten the integrity of Canada’s insolvency system, with important regulatory lessons from the UK and Australia.

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Paul Franchi, Licensed Insolvency Trustee

PAUL J. FRANCHI, J.D., MBA, CIRP, LIT

Paul Franchi is a Licensed Insolvency Trustee with Bromwich+Smith (BSI), serving individuals and businesses across Canada. A former practising lawyer, he brings seventeen years of Wall Street experience in investment management, product development and finance to his insolvency work. He is the publisher and editor-in-chief of The Insolvency Report.

Analysis of Canadian debt and insolvency from Paul Franchi, a Licensed Insolvency Trustee with a background in law, investment management, product development and finance.

TOOLS FOR YOUR CLIENT’S FINANCIAL SITUATION

Two free tools are here for advisors. Lawyers, accountants, financial planners, mortgage brokers, and others working through a client’s financial situation can use the Consumer Proposal Resource Centre for how a proposal actually works, what it does to a client’s assets, credit, and tax position, and where it sits against the alternatives. The Consumer Proposal Calculator estimates a client’s monthly payment and shows the trustee’s math behind the figure, so you can look at the numbers before you raise the subject with them. Nothing entered into it is saved or sent. For mortgage brokers: when a client’s unsecured debt load is what blocks the file, a consumer proposal can clear it while the mortgage continues, and Mortgages and a Consumer Proposal: Renewing, Refinancing, and Buying a Home explains what lenders see and when refinancing reopens.

CONSUMER PROPOSAL RESOURCE CENTRE

TRY THE CONSUMER PROPOSAL CALCULATOR

North America’s first fully interactive Consumer Proposal Calculator.

INSOLVENCY INSIGHTS FOR ALL

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I. INSOLVENCY FOR PROFESSIONALS

Expert analysis on professional collaboration for lawyers, accountants, mortgage brokers, realtors, and other professionals serving heavily indebted clients.

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II. BUSINESS DEBT SOLUTIONS

A roadmap for Canadian business owners facing financial challenges and identifying opportunities to rebuild or transition with confidence.

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III. PERSONAL DEBT RELIEF

Practical strategies for individuals and families in Canada looking to regain control of their finances and take confident steps toward a brighter, debt-free future.

Insolvency for professionals - collaboration with a licensed insolvency trustee LIT

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YOUR PARTNER IN DEBT RESOLUTION

TURN CRISIS INTO OPPORTUNITY

When your clients need debt clarity, the light is on.