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	<title>Bankruptcy Kitchener Blog by Scott Schaefer</title>
	<link>http://www.bankruptcykitchener.org</link>
	<description>Information about personal bankruptcy in Kitchener, Ontario, Canada</description>
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		<title>Things that Matter</title>
		<description><![CDATA[It is always important to remember the things that matter in life. Children and family tend to be number one on our list of importance. Some consider vehicles, homes, investments, trips, etc. as well, but ultimately these items are of lower importance. Sometimes it is easy to get caught up in the everyday grind of [...]]]></description>
		<link>http://www.bankruptcykitchener.org/2010/07/30/things-that-matter/</link>
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		<title>“Staycations” in Kitchener Waterloo</title>
		<description><![CDATA[According to Wikipedia, a staycation “is a neologism for a period of time in which an individual or family stays at home and relaxes at home or takes day trips from their home to area attractions. Staycations have achieved high popularity in the US during the financial crisis of 2007–2010 in which unemployment levels and [...]]]></description>
		<link>http://www.bankruptcykitchener.org/2010/07/22/%e2%80%9cstaycations%e2%80%9d/</link>
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		<title>How Quick Can a Garnishment be Stopped?</title>
		<description><![CDATA[A wage garnishment by a creditor is stopped on the date that someone files a consumer proposal or personal bankruptcy. From my office in Kitchener, I e-file the consumer proposal or personal bankruptcy documents to the government right after they are signed. From that moment in time, there is a “Stay of Proceedings” that stops [...]]]></description>
		<link>http://www.bankruptcykitchener.org/2010/06/18/how-quick-can-a-garnishment-be-stopped/</link>
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		<title>As the summer temperatures rise, are the interest rates going to keep going up to?</title>
		<description><![CDATA[Since the last snowfall, the government has been issuing warnings to consumers to reduce debts as interest rates will be rising in the future. This of course is in despite of the government not listening to their own advice as the government debts are rising too, but that is another issue. We just witnessed the [...]]]></description>
		<link>http://www.bankruptcykitchener.org/2010/06/15/as-the-summer-temperatures-rise-are-the-interest-rates-going-to-keep-going-up-to/</link>
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		<title>Kitchener Waterloo Lender Closing Their Doors</title>
		<description><![CDATA[Wells Fargo announced yesterday that they are closing their Canadian operations. The following notice was posted on the Wells Fargos website yesterday: “Effective June 9, 2010, Wells Fargo Financial Corporation Canada discontinued sales of new customer loans, and closed Wells Fargo Financial store locations across Canada. We have shifted our focus to serving existing real [...]]]></description>
		<link>http://www.bankruptcykitchener.org/2010/06/10/kitchener-waterloo-lender-closing-their-doors/</link>
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		<title>Are things improving in Kitchener-Waterloo for individual families?</title>
		<description><![CDATA[We keep hearing in the news that the economy is improving and that businesses are recovering. For the past 18 months there have been some major impacts on the economy with job loss, hour reduction, decline in the stock market etc. Like all recessions, we eventually come out of them, but in today’s day and [...]]]></description>
		<link>http://www.bankruptcykitchener.org/2010/05/09/are-things-improving-in-kitchener-waterloo-for-individual-families/</link>
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		<title>Is there a difference between Bankruptcy Trustee’s in Kitchener Waterloo?</title>
		<description><![CDATA[As a licensed Trustee in Bankruptcy, I am a one of just over 1,000 Trustees in all of Canada. A Trustee in Bankruptcy has a unique role. We are like a referee in the bankruptcy process. We sit down with people who are experiencing financial hardship and assess their situation as well as review the [...]]]></description>
		<link>http://www.bankruptcykitchener.org/2010/04/09/is-there-a-difference-between-bankruptcy-trustee%e2%80%99s-in-kitchener-waterloo/</link>
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		<title>2010 Bankruptcy Surplus Rates</title>
		<description><![CDATA[In a personal bankruptcy, the amount someone has to pay to the bankruptcy trustee depends on how much take home pay the person and their family unit receives. When a person’s income is above the government limit, this is referred to as surplus income. 50% of the amount over this limit must be paid to [...]]]></description>
		<link>http://www.bankruptcykitchener.org/2010/03/11/2010-bankruptcy-surplus-rates/</link>
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		<title>2009 Kitchener Bankruptcy rates one of the highest in the country</title>
		<description><![CDATA[Statistics Canada released the bankruptcy and consumer proposal rates today and Kitchener Waterloo was hit harder than the Ontario and Canadian averages. 2009 was a year marked by the recession, the downturn in the automotive sector and financial crisis. These all contributed to individuals falling on tough financial times. In 2009, 151,712 individuals filed a [...]]]></description>
		<link>http://www.bankruptcykitchener.org/2010/03/03/2009-kitchener-bankruptcy-rates-one-of-the-highest-in-the-country/</link>
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		<title>Garnishments in Kitchener Waterloo</title>
		<description><![CDATA[One reason someone seeks assistance from my office, is that they have a creditor taking part of their pay cheque through a garnishment order. The garnishment is generally too much for that person to deal with and still be able to pay their living and other expenses. If the creditor will not stop the garnishment [...]]]></description>
		<link>http://www.bankruptcykitchener.org/2010/02/24/garnishments-in-kitchener-waterloo/</link>
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