How do I get help to avoid the pitfalls of payday loans?

Everyday at Paddon + Yorke Inc. we encounter individuals caught in a vicious cycle known as “the payday loan”.  Although you may think it’s a fast and convenient way to get cash when you really need it; you could potentially Read More »

Deal with debt in Midland, Ontario with a Consumer Proposal at Paddon + Yorke Inc.

If you are living in Midland or area and need some solutions for dealing with your debt then book an appointment with our trustees Russell Cosby or Clyde Yorke at Paddon + Yorke Inc.  A no fee initial consultation can also be set up with Jacquie Cordeiro or Tom Snider.  Call us at (705)528-6988 to book an appointment in our Midland office to go through your debt options. Find out how you can avoid bankruptcy by Read More »

Deal with debt in Huntsville, Ontario with a Consumer Proposal at Paddon + Yorke Inc.

If you are living in Huntsville or area and need some solutions for dealing with your debt then book an appointment with our trustee Brenda Wood at Paddon + Yorke Inc.  A no fee initial consultation can also be set up with Shannon Cosby and Leah Rumble.  Call us at (705)788-0753 to book an appointment in our Huntsville office to go through your options. Find out how you can Read More »

Deal with Money Problems in Brampton, Ontario with a Bankruptcy at Paddon + Yorke Inc.

If you are living in Brampton or area and need some solutions for dealing with your debt then book an appointment with our trustees John Delo or Lambert Huizingh at Paddon + Yorke Inc.  A no fee initial consultation can also be set up with Leslie-Ann Strachan and Sonya Strand.  Call us at (905)793-6977 to book an appointment in our Brampton office to go through your options. Find out how you can Read More »

Deal with Money Problems in Sudbury, Ontario with a Bankruptcy at Paddon + Yorke Inc.

If you are living in Sudbury or area and need some solutions for dealing with your debt then book an appointment with our trustees Ken Peake or Barry Peake at Paddon + Yorke Inc.  A no fee initial consultation can also be set up with Raymond.  Call us at (705)673-2660 to book an appointment in our Sudbury office to go through your debt options. Find out how you can Read More »

Deal with debt in North Bay, Ontario with a Bankruptcy at Paddon + Yorke Inc.

If you are living in North Bay or area and need some solutions for dealing with your debt then book an appointment with our trustees Ken Peake or Barry Peake at Paddon + Yorke Inc.  A no fee initial consultation can also be set up with Linda Oldfield, John Dorschner or Raymond Peake.  Call us at (705)472-2640 to book an appointment in our North Bay office to go through your debt options. Find out how you can avoid bankruptcy by filing a consumer proposal to your creditors or Read More »

Deal with Money Problems in Barrie, Ontario with a Bankruptcy at Paddon + Yorke Inc.

If you are living in Barrie or area and need some solutions for dealing with your debt then book an appointment with our trustees Russell Cosby or Clyde Yorke at Paddon + Yorke Inc.  A no fee initial consultation can also be set up with Jacquie Cordeiro or Tom Snider.  Call us at (705)722-9888 to book an appointment in our Barrie office to go through your debt options. Find out how you can avoid bankruptcy by filing a consumer proposal to your creditors or Read More »

Deal with Money Problems in Orillia, Ontario with a bankruptcy at Paddon and Yorke Inc

If you are living in Orillia or area and need some solutions for dealing with your debt then book an appointment with our trustee Brenda Wood at Paddon + Yorke Inc.  A no fee initial consultation can also be set up with Shannon Cosby and Leah Rumble.  Call us at (705)327-2797 to book an appointment in our Orillia office to go through your options. Find out how you can avoid bankruptcy by filing a consumer proposal to your creditors or Read More »

Deal with debt in Mississauga, Ontario with a bankruptcy at Paddon + Yorke Inc.

If you are living in Mississauga or area and need some solutions for dealing with your debt then book an appointment with our trustees John Delo or Lambert Huizingh at Paddon + Yorke Inc.  A no fee initial consultation can also be set up with Ximena Carrasco, Leslie-Ann Strachan, and Sonya Strand.  Call us at (905)272-3204 to book an appointment in our Mississauga office to go through your options. Find out how you can avoid bankruptcy by filing a consumer proposal to your creditors or Read More »

What is “surplus income” in an Ontario bankruptcy filing?

We are often asked “What is the cost to go bankrupt”?

There is no easy answer to this question, as every person’s situation is different.  An initial consultation with one of our trained administrators is needed to consider all of the debtor’s individual circumstances and explore all of the options available.

One component of the cost to go bankrupt is Surplus Income.

The Superintendent of Bankruptcy has developed a formula for Trustee’s to use to calculate how much a bankrupt should contribute, or pay, into their bankruptcy estate each month. Read More »

  • Thank you so much for being compassionate and understanding during our meeting. I appreciate you treating me with a sense of dignity at a time when it is hard to feel good about myself. — George