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Business Bankruptcy

Canadian Business Bankruptcy Filings Reach a 10-Year High

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…

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Canada's Companies’ Creditors Arrangement Act

What is CCAA in Canada?

The Parliament of Canada allows insolvent companies to restructure their finances through the Companies’ Creditors Arrangement Act (CCAA). The act allows a troubled corporation to potentially avoid the consequences of bankruptcy. Not only is it in the best interest of…

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Ontario Bankruptcy And Other Debt Relief Options

Is Ontario Bankruptcy the Only Option?

Did you know that an Ontario bankruptcy is not your only option when you have too much debt? It’s true...you actually have three main options. And...did you know that the only person to help you with all three options is…

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Bill Collectors During Covid

Can Bill Collectors Still Call During Covid-19?

During the pandemic, it seems as though Canadians have been given a pass on monthly bill payments. So can bill collectors still call during Covid-19? The government, as well as the banks and lenders, are, thankfully, offering all types of…

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Debt Solutions

Reliable and Easy to Use Debt Solutions

Are you in need of debt solutions? Perhaps you lost your job or you simply don’t make as much money as you did in the past. Maybe you have unexpectedly high expenses from an illness or other emergency. For whatever…

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