by Owen | Jul 31, 2023 | Bankruptcy, Debt Management
Did you know that you will not lose all your assets if you file for Bankruptcy or a Consumer Proposal? A Bankruptcy or Proposal to creditors gives you protection from your creditors and allows you to make a fresh start. Bankruptcy exemptions are a topic that not many...
by Owen | Dec 23, 2022 | Avoid Bankruptcy, Bankruptcy
Did you know that the total number of small business bankruptcies in Canada was 13.6% higher in May of 2022 than the previous year? It’s unfortunate that small businesses find themselves in this situation but when small businesses in Canada find themselves struggling...
by Owen | Dec 22, 2022 | Bankruptcy, Consumer Proposals, Debt Management, How to Get Out of Debt
One of the last options creditors will employ to recovery unpaid unsecured debts is a writ of enforcement which can put the equity in your assets in jeopardy. In this blog we explore writs and how they work, how they work in a bankruptcy and proposal, and the...
by Owen | Oct 26, 2022 | Bankruptcy
Contrary to what most people believe, you will not lose everything if you file for bankruptcy. However, it’s important to understand exemptions to the bankruptcy law as they vary between provinces and territories. In particular, you are probably concerned about...
by Rebecca Frederick | Oct 1, 2021 | Bankruptcy
Bankruptcy can be a scary word when it comes to solving your debt problems. This legal proceeding is available to individuals who are unable to repay their outstanding debts but it’s no secret that there are many myths out there that make the process seem frightening...
by Rebecca Frederick | Jul 30, 2021 | Bankruptcy, Consumer Proposals
When deciding to file either one of these insolvency options, it is important that you are aware of the differences between them so you can make the best decision for your situation. Choosing the wrong option can have lasting consequences. While both bankruptcies and...
Recent Comments