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.
Income disparity is a growing reality in Canada. As the cost of living rises and economic uncertainty lingers, the wealth gap across generations and social groups widens. While some Canadians have established solid financial foundations, others are losing ground—particularly Gen…
Financial management is not always the easiest. With a soaring cost of living, unstable income, and unexpected bills, debt can pile up fast. But how do your finances stack up to the average Canadian? Learning if your situation compares to…
The automotive industry in Southwestern Ontario is critical to the economy of Canada, contributing thousands of jobs and significant GDP output. That makes the threat posed by USA tariffs on Canadian car shipments a cause for concern. President of the…
If you have children or relatives who struggle financially, they might ask you for a personal loan. Should you lend them the money? That is a tricky question—personal loans to family members can hurt your finances, even if you feel…
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…
