A Little Update on a Couple of Things

Just into the New Year, the news continued to be bleak with respect to plant closings and layoffs with the news of the Accuride layoffs and the McCormick plant closing. Comments from city officials were however that this type of news is only temporary as the manufacturing sector in London and London’s business outlook for 2007 is one of growth. It will remain to be seen how 2007 turns out.

An article in the London Free Press late last week indicated the court had given approval for continuation of a class action suit against Money Mart. Legislation in the federal government is still pending which would make the provinces have control over the pay day loan places. The court case is allowed to proceed without waiting for the legislation to be voted on in the House of Commons.

If you are experiencing financial problems because of job losses or layoffs; if you are experiencing financial problems that cause you to use payday loans; or if you are just finding it hard to make ends meet; call us at Hoyes, Michalos. You can call 310-PLAN or locally in the London area at 519-435-1500 and talk to one of our professionals about your situation. Let us help you plan for the rest of 2007.

Filed under: Bankruptcy London | Posted on January 15th, 2007 by normayau

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Susan Jung
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