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.
In Canada, one in every seven personal bankruptcies is a result of student debt. Student loans are big business! It’s a billion dollar industry, but this wasn’t always the case. In the 70’s, students could work a summer job and earn…
Many hard-working Canadian debtors walk into our office filled with questions - and anxieties - about bankruptcy. Their concerns typically revolve around how bankruptcy works and how filing for bankruptcy might affect their families. And while most debtors really aren’t…
If you reached this page then you are probably wondering how to file for bankruptcy. In just a few minutes, this video will explain that process. There are really only three steps. Step one: Research your options. Bankruptcy may not…
Consumer proposal and bankruptcy are the top two insolvency solutions in Canada, so it’s natural that you may want to know the difference between them. A bankruptcy is filed using the Bankruptcy and Insolvency Act. You are eligible to…
If you’re in financial distress, the thought of having to file for bankruptcy has probably crossed your mind more than a few times. And that’s likely for good reason. Because while there are downsides, the bankruptcy process definitely offers hard-working…
Let’s assume that since you clicked this title that you have begun to think about personal bankruptcy. The good news is that there are alternatives to bankruptcy. In this video we will explore all your options and advise you…
Are you a small business owner that’s finding it harder and harder to sustain your company’s day-to-day operations? Are you having to decide which of your creditors to pay first - or at all - and are starting to think…
Have you been avoiding bankruptcy? Do you find yourself having a hard time keeping up with ever-mounting debt? Maybe your creditors have started garnishing your wages or you’ve received notice of a lawsuit against you. Perhaps you simply want to…
Are you a senior citizen living on a fixed income and experiencing financial difficulties? If so, you’re not alone. The number of retired Canadians that are carrying debt - just like you - is rising. In fact, seniors are accumulating…
