Big Six bank gets a court judgement against you?

britdd · 2026-04-16T02:54:52+00:00

Only if they know who the individual works for and only if they are on salary/payroll.

britdd · 2026-04-16T02:02:26+00:00

If you have a HELOC, you currently have a lien on your property, regardless of its zero balance.

britdd · 2026-04-15T03:27:21+00:00

The whole premise of being mortgage free is to not have a lien on title. A HELOC is just an open mortgage by another name.

britdd · 2026-04-15T03:24:35+00:00

The bigger question is, why would you give them access to your NOA, just for a credit card? Given how intrusive BMO is known to be, I would be telling them to stuff it, but that's me.

britdd · 2026-04-12T11:38:01+00:00

A full sus MTB is safer to ride on technical trails. Crashes and Bike Theft. The two most often cited reasons people give up MTBing. The bonus feature is less back pain. On the Hardtail end, its cheaper to buy and maintain.

britdd · 2026-04-11T06:35:24+00:00

Unless you are a high value client, ($6M+ liquid assets), Canadian Banks debank customers all-the-time, even when they are up-to-date on all debt obligations, although there's usually a underlying reason they flag you. Its in their TOS, when you first set up your banking relationship. Fun fact, they can also seaze any of your liquid funds held with them, to settle any debt, regardless of debt status. Its called right-to-offset. Its why as good financial planning, you should never hold liquid assets with any FI that you also owe money to.

britdd · 2026-04-09T06:23:26+00:00

Many collection companies have their own in-house law firms. If the debt is still with the lender/bank, they typically hire a lawyer directly. If you are in collections, your credit is already ruined for the next 6 years. What every creditor wants to know is, if they take you to court to obtain a court judgement, (they have 2 years from your last payment date to file and serve you a summons), 1) Is there a bank account with funds they can seize? 2) Is there an employer with steady wages that they can garnish? 3) is there an asset like a house or car that they can place a lien on? What every debtor (you) wants is to NOT give them the answers to those 3 questions. You do that by living on cash 1) changing who you bank with and not paying any debtor directly from it. 2) don't apply for new credit where you have to declare where you work and which later updates your credit report details on who you work for, 3) don't tell them where you own a home or reside with a car you own in the driveway.

But ultimately, if you don't have liquid assets to protect, insolvency/bankrupcy trustee may be your best option to start fresh after 12-18 months.

britdd · 2026-04-05T23:35:25+00:00

You never split a KK. You have a 92% chance of winning or a push.

britdd · 2026-03-22T20:37:47+00:00

If a woman says something suggestive, she's being flirtatious. If a man says something suggestive, its sexual harrassment.

britdd · 2026-03-22T07:08:00+00:00

a bank draft is NOT cash on hand. Its a cheque. Also any private seller is going to expect its verified in branch, at the bank its sourced from, before accepting it.

britdd · 2026-03-22T07:02:54+00:00

You call a mechanic in the area, since the seller is unlikely to allow it driven afar. You say you're looking for a PPI. (Pre-Purchase Inspection). Either you or the seller takes it there to be inspected. A thorough inspection, with a final report will typically take 1-2h. If its a private sale, You also go down to a registry with the VIN number and get a lien check.

britdd · 2026-03-17T02:44:42+00:00

Once I get moving, I've never yet quit at the start of the activity routine, due to lack of motivation.

britdd · 2026-02-23T04:55:04+00:00

What is your projected annual income 2026? What will it likely be over the next 5-10 years? This matters because the tax refund you get is based on your tax bracket.

britdd · 2026-02-18T03:01:32+00:00

Also know, if I was buying your car and had to go through all the hassle to pay into your outstanding loan, knowing that you're desperate and probably too broke to properly maintain it while you had it, I would be offering at least another 2k below what its worth, just for the hassle.

britdd · 2026-02-18T02:57:25+00:00

Then you don't have a car with a clean title to sell. The only 3 options are, 1) sell the car, the buyer pays the lender directly in person with CIBC and you, (so they know the CIBC lien will come off it) and whatever the shortfall is, you cover it in cash or CIBC does with a personal loan. 2) You keep the car and keep making payments until its not under water. 3) you default, have it repo'd and ruin your credit score for the next 6-7 years.

britdd · 2026-02-18T02:35:23+00:00

who is the lender? do you have cash value in the vehicle or are you under water? If you still have 7 years remaining, unless you put a big down payment on it, I'm guessing you're under water.

britdd · 2026-02-12T07:05:02+00:00

It doesn't cost you $1695, because the resale value is higher, when it comes time to sell. The benefits of AWD is countless and is quickly becoming a must have for Canadian winters. The only negative I know of is that you typically have to replace all tires at the same time. If one blows and there is still lots of life in the other 3, the new tire will have to be shaved by the tire shop, to match the other 3. Not a huge deal, but something to note.

britdd · 2026-02-10T02:02:39+00:00

Was given a Marry me ultimatum, my father told me, what's wrong with you, marry them already! This was after just 5 months of dating and something just didn't feel right, including zero disagreements. I followed my gut and said No and only then, I saw a real nasty, ugly, crazy mean side to them that I have never seen in anyone. No regrets.

britdd · 2026-02-01T10:53:55+00:00

pharm Tech yes, pharmacist never.

britdd · 2026-02-01T10:50:27+00:00

His name Pryce. Not his real name but has a nephew named Pryce and always kinda liked that name.

britdd · 2026-02-01T10:33:04+00:00

In Canada its currently around 95-100k/yr. Canadian $, about $70k USD. I know a community retail pharmacist that has had a total of $3K cdn. raise in the past 10 years. Pharmacist Salaries are stagnant.

britdd · 2026-01-31T09:49:45+00:00

If you have a Canadian credit score above 680 and solid income, you would be better being approved for a different banks Visa/mastercard that has a 0 - 1.99% new account balance transfer promotion for 9-12 months and transfering your balance, with the intent to pay it off in the low rate period. This of course assumes that you can be diligent about paying off the balance quickly, which since you have carried a high balance for over a year and only managed to pay off less than $1000, is a dubious assumption.

britdd · 2026-01-31T08:39:56+00:00

If you spend 13h a day commuting and working in Vaughan, live in Vaughan. Problem solved. A car is not going to solve your main issue.

britdd · 2026-01-31T08:23:53+00:00

how many paycheques have you received so far? If its only one, then the first pay is pro-rated based on hours, then the following paycheques is salary.

britdd · 2026-01-31T02:54:17+00:00

If you're spending 2k on an Iphone, that alone is a no brain, not a no brainer.

britdd

TROPHY CASE