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ONTARIO FAMILY LAW: DETAILED ONTARIO COURT OF APPEAL DECISION ALLOWS WIFES CLAIM OVER HUSBANDS CREDITOR
Family law introduction An important decision was rendered by the Court of Appeal for Ontario on April 26, 2023. It is in a recent case concerning the sale of a matrimonial home through family law proceedings. In this case, the court considered the division of net family property between Subhathini Senthillmohan (wife) and her separated…
MORTGAGE ISSUES BREWING: CANADIANS ARE SERIOUSLY FALLING BEHIND ON DEBT
Mortgage issues: Introduction As per the latest findings from the Royal Bank of Canada (RBC or RBC Economics), a significant proportion of Canadians are currently grappling with debt payments, thereby heightening the risk of mortgage default in the future. The report reveals that the average Canadian owes $1.77 in debt for every dollar of disposable…
JENNY CRAIG RUMOURED SHUTTING DOWN DUE TO BEING SERIOUSLY OVERWEIGHT WITH DEBT
Jenny Craig introduction California-based Jenny Craig Inc.(Jenny Craig), the nutrition and weight-loss services provider, is reportedly shutting down after four decades due to its inability to secure additional financing. The company has about $250 million of debt and is considering all of its options, including a bankruptcy filing. According to its website, the company has…
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Kristen Walker Blog 