Get detailed information on what bankruptcy is, which assets are exempt from seizure, your responsibility in a personal bankruptcy and if bankruptcies are part of the public record in Canada.
Financial trouble is a prime cause of stress and anxiety. If you have unmanageable debt, it might be time for debt help. At the very least, you can gain some peace of mind with help from the experts. When you…
Bankruptcy and addiction often go hand in hand. Sometimes addiction can cause money issues, which ultimately lead to Bankruptcy. In other situations, the stress of extreme debt and the thought of filing for Bankruptcy can fuel addictive behaviors. Whether you’ve…
Gambling is an age-old pastime but recently has moved to a different platform. The federal government and the government of Ontario introduced new legislation regulating online casinos, sports betting and other types of gambling online. As of April 4, 2022,…
You may be surprised to learn that filing for Bankruptcy in Canada isn’t free. The cost of filing differs from person to person depending on your monthly income, the size of your family, your expenses and your assets. The fees…
Filing for Bankruptcy is a big step on your journey toward debt freedom. When you declare Bankruptcy there are several immediate benefits. Wage garnishment and collection calls will stop, as will any creditor lawsuits against you. These initial benefits may…
When you’re overwhelmed by debt and on the brink of Bankruptcy, you might be wondering about your house. Losing your home for any reason is a real fear and can be devastating. Your home represents stability, safety and a place…
Business Bankruptcy in Canada is primarily governed by the Bankruptcy and Insolvency Act (BIA), a federal statute that provides the legal framework for Bankruptcies and insolvencies in the country. The BIA outlines various options for businesses facing financial distress, with…
Business financial literacy isn’t just a buzzword; it's the foundation for the success of any business. While entrepreneurs may have brilliant ideas, unwavering determination, and a passion for their businesses, these qualities alone aren't enough to guarantee success. Without a…
Are you afraid you might lose your job? The thought of being unemployed is scary at the best of times. The fear becomes even worse when economic conditions are uncertain as they are now. You may have enough savings to…
No one wants to retire in debt. But if you are one of the growing number of seniors facing this scenario - know you are not alone. If your only source of income is the government funds provided through Canada's…
