The Bankruptcy Assistance Program The Bankruptcy Assistance Program (BAP) is designed to help make bankruptcy affordable for debtors who cannot afford the fees of a Licensed Insolvency Trustee (LIT). It permits people who do not have the funds to cover…
Receivership and bankruptcy may seem identical because they often occur at the same time. But they’re not the same. Receivership can be a part of bankruptcy. It can also be a standalone procedure. So what’s the difference? In this article,…
How to Reconcile Home Ownership and Money Troubles (and save your house) You thought about it for years. There were so many good reasons to buy a house. And when it finally happened, it was like a dream come true.…
Personal bankruptcy is a legal process that will get rid of your debts. However, there are a handful of things, like child support and recent student loans, that do not go away. When you file personal bankruptcy in Ontario,…
How Much Do You Need for a Money Emergency No matter how little cash you have, you need to plan for a money emergency. And that plan should NOT include a cash advance. Or calling anyone who’s on your mobile…
Unemployed and think you can’t pay your credit cards? Don’t push the panic button yet. You’ll need your energy to figure out a plan. There are definitely steps you can take to gain more control over the situation. Because the…
Ever wonder why you don’t have two nickels to rub together? It’s true that those bad habits can really add up. But, do you know how much? Let’s take a look… one bad habit at a time. Smoking Are you…
Wondering how to know if you are insolvent? Here are a few clues: You’ve used cash advances to pay bills. You’ve visited the payday loan store. You’ve been hit with over limit charges on your card. You’ve had your…
If you’re planning on filing for bankruptcy, you’ve got a lot on your mind. Worrying about job loss shouldn’t be adding to your list of concerns. One of the most common questions people have when they first contact us is,…
Most Canadians know that bankruptcy should be avoided whenever possible. But for those of us overwhelmed by crushing debt - at some point - we face it head on and ask, “Is bankruptcy the best solution?” Before we get into…
At Adamson & Associates Inc., we have built a solid reputation as an Ontario Licensed Insolvency Trustee and consumer proposal administrator. We provide our clients with the best in professional insolvency services. We understand that bankruptcy can be a troubling and confusing time for most people, so we strive to provide our clients with information every step of the way to reduce their stress levels and anxiety about the future.
