78 - Insolvency From the Debtor’s Perspective

Everyday there are more signs that Canadians are struggling with inflation and the skyrocketing cost of borrowing, finding it increasingly difficult to make ends meet. Many are leaning on credit. But when is it time to acknowledge the fact that you are in over your head and need to reach out for help? Leigh Taylor has been a Licensed Insolvency Trustee for over 40 years. His experience helping people with their unmanageable debt has given him a solid understanding of the stresses and emotional toll being in deep debt causes. 

Leigh talks about:

• Warning signs that you are in over your head
• Relationship problems caused by debt
• The embarrassment financial difficulties causes
• Tax and repayment requests - financial fallout from COVID
• When and where to seek help
• Advantages of dealing with a local Licensed Insolvency Trustee

If you are struggling with insurmountable debt and need someone to talk to, a Licensed Insolvency Trustee should be your first call. They are licensed and regulated by the Canadian government and adhere to strict ethical guidelines.

Leigh began his career as an Official Receiver with the Office of the Superintendent of Bankruptcy. He is a Certified Professional Accountant and attained his license as a  Licensed Insolvency Trustee in 1980. 

LCTaylor’s mission is to help people get out of debt through compassionate care and professional service. With over 40 years experience in the insolvency field, Leigh and his staff have helped over 50,000 Manitobans solve their debt problems. 

• LCTaylor Licensed Insolvency Trustee
• A Local Licensed Insolvency Trustee
• Don’t Let a Money Problem Turn Into a Debt Crisis