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Lloyd Wasser

Lloyd Wasser

About Lloyd Wasser

Our Blog Editor has been part of the Farber family for nine years, and in addition to his web responsibilities also serves as an Insolvency Administrator & Debt Counselor for our firm. Lloyd’s writing has appeared in dozens of publications over the years, including Report on Business, Head Office At Home, The Globe & Mail, Toronto Computes and such US-based publications as MacHome Journal and The Palmtop Paper. He is a graduate of both the CAIRP insolvency counseling program (and an OSB-certified counselor) and the CAIRP Administrator’s program.

We get letters…

Helping people when they are at one of the lowest points in their lives in what we do best at A. Farber & Partners.  All of our staff are dedicated to helping people alleviate the financial pressures they are experiencing … Continue reading

Questions from Twitter

rplan asked: I’m in the process of claiming bankruptcy. How soon after can you register for a new business? Also would incorporating a new business before the bankruptcy be part of the the process? Thank you for your question. Anyone … Continue reading

Can My Creditors Seize My Property?

We had a terrific question raised recently by someone who came in to meet with one of our debt managers to discuss her financial pressures face-to-face. The question was about the power a creditor can bring to bear on someone … Continue reading

Farber Trustee Andy Fisher interviewed by CBC News

Bankruptcies declined 11% in 2010 CBC News The total number of Canadian businesses and individuals claiming bankruptcy dropped 11.5 per cent in 2010 compared to the previous year, new data released Friday shows. The Office of the Superintendent Of Bankruptcy … Continue reading

An excellent question from an undischarged bankrupt

I received a terrific question recently from an undischarged bankrupt who had been dealing with another Trustee firm and didn’t know how to finalize his process.  He informed me that he had filed for bankruptcy protection in 2004 but failed … Continue reading

How To Get Out Of Debt Fast

There’s nothing like worrying about the monthly bills to inject some major stress into your life and your relationships.  You can easily spend more time worrying about your finances than you will about your family… or yourself.  But remember: The sooner you … Continue reading

Gen Xers Are Racking Up Debt But Not Saving

Gen Xers Carrying Too Much Debt, says recent survey Not that this will come as a surprise to most people, but it was revealed in a recent survey by the Investors Group that Gen Xers (Canadians aged 30 – 45) … Continue reading

Where have all the full-time jobs gone? And what does it mean for our economy?

Statistics Canada released its employment figures for July today and the news wasn’t good.  Approximately 139,000 full-time jobs disappeared (including the slashing of jobs in the education, finance, insurance, real estate and leasing categories).  Granted, 130,000 part-time jobs were added … Continue reading

The Revolving Door of Mismanaged Debt

Open your mailbox on any given day and you may find a credit card application inside that tempts you with its offer of low monthly interest.  Turn on your television, visit a movie theatre or listen to your car stereo … Continue reading

“Don’t Put All of Your Eggs In One Basket”

The concept of spreading around your savings and diversifying, comes from an old adage that most of us probably grew up hearing our parents say:  “Don’t put all of your eggs in one basket.”    Basically it’s a simple financial … Continue reading