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If you find yourself facing insurmountable debt, there are options available to you. Through either a consumer proposal or a declaration of bankruptcy, you creditors. Each option shares similarities and differences, so it’s important to investigate which solution is right for you.  Read More

Retirement is supposed to be a joyous time when we can relax and enjoy the life we’ve built for ourselves, our children and grandchildren. Unfortunately, many of us will find that impossible, since we will be saddled with debt.  Read More

If you find yourself in a financial nightmare where you cannot get out from under a mountain of debt because of your student loans, you may be wondering if bankruptcy is the right option for you. There are rules for declaring bankruptcy when you have student loans.  Read More

Consumer proposal and bankruptcy laws both deal with the same thing: a person's unsecured debts. These can be anything from lines of credit, credit cards, debts on income taxes, and personal loans.  Read More

There are numerous reasons a consumer ends up in bankruptcy. Despite this, the results remain the same for everyone that files. Once the requirements for the process have been completed successfully, any unsecured debts are eliminated and the individual is assured a clean financial future.  Read More

No one aims to become bankrupt, but 125,878 Canadians filed for personal bankruptcy in 2016. It’s projected that one in six Canadians will become bankrupt at some point in their lives. When you’re at the point of considering bankruptcy, it’s helpful to know you’re not alone. In fact, you’re in good company.  Read More

In Canada, it is possible to get a loan following a bankruptcy. Whether you are looking to get a mortgage, line of credit or car loan after bankruptcy, you can. Here’s what you need to know: Bankruptcy counselling is available to anyone who has recently filed or is looking to file for bankruptcy.  Read More

If your business or personal finances are in serious trouble, filing for bankruptcy can give you the relief you need and a clean slate to start over. However, many are concerned that bankruptcy will ruin their credit. Generally, anyone who’s considering bankruptcy already has bad credit due to delayed payments or their debt to income ratio.  Read More

Without bankruptcy protection, debt is the kind of thing that can sneak up on an individual or family. It only takes a few weeks of not paying close attention to your finances and they can start to spiral out of control.  Read More

Contemplating commercial business bankruptcy is difficult and stressful. The majority of people have invested significant sums into and thousands of hours into their business and commercial business bankruptcy is on par with losing a loved one or facing a major illness when it comes to stress.  Read More