Insolvency professionals get a new name: Licensed Insolvency Trustee

December 3rd, 2015

Office of the Superintendent of Bankruptcy (OSB) announces change to the designation of insolvency professionals across Canada TORONTO – Wednesday, December 02, 2015 – The federally licensed professionals who administer debt relief services to consumers and companies across the country will have a new name.

Do you owe money to the Canada Revenue Agency (CRA)?

May 1st, 2014

You may have received a letter from the CRA advising you of an unpaid tax amount and it will speak of “legal actions” to come if you do not call and arrange a repayment. The types of legal action that CRA may take are varied and the letter will warn that these legal actions may […]

What is “Director’s Liability?”

January 15th, 2014

I put my life and savings into my incorporated business and it failed.  Now the tax Agency says I owe for something called Director Liability? I have no money or assets to pay such a debt…what can I do? This is a fairly common scenario.  Simply stated, Director’s Liability is the liability that can be […]

Giving Back

November 1st, 2013

On November 6, 2013 Mission Services of London is having its annual Fall Banquet at the London Convention Centre.  Paul J. Pickering Limited is a proud sponsor of the Mission Services of London organization.  Mission Services of London is a Christian faith-based social service agency with a focus on serving those who struggle with poverty […]

How Did I Get Here?

October 17th, 2013

I How did I get here? If only I had a nickel for each time that I was asked that question. Financial problems are something that just seems to creep up on people and until some crisis hits, nobody seems to notice the signs along the way. One such sign is the accumulation of credit […]

Staff Announcement

October 9th, 2013

It is with pleasure that Paul J. Pickering and the staff of Paul J. Pickering Limited wishes to announce that Don Baruth has joined the firm in a capacity of Estate Administrator. Don began his career on a track that included post-secondary studies in sociology & accounting coupled with experiences within the military.

What is a Trustee?

September 12th, 2013

According to the Merriam-Webster Dictionary, a Trustee is defined as “a natural or legal person to whom property is legally committed to be administered for the benefit of a beneficiary”. A  Licensed Insolvency Trustee is licenced by the federal government to resolve a person’s financial difficulty and administer their assets for the benefit of their […]

Welcome to Paul J. Pickering Limited

October 19th, 2012

“We started this business in 1990 to provide one on one financial solutions. We are here to help you through your solution with dignity, respect and the highest confidence in your future.” -Paul J. Pickering C.A. Solutions: Credit Counselling Arrangements With Creditors Proposals Budgeting Reorganization Financial Counselling Personal & Business Bankruptcy Paul J. Pickering, C.A., and […]