by Stanley Chen | 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 Stanley Chen | 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 Stanley Chen | 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 | Jun 12, 2020 | Debt Management
Are you a feeling like a frog? There is a story of a frog in boiling water. If the frog was placed in boiling water it would jump out immediately, recognizing the danger. But if a frog is placed into cool water it is comfortable and if the water increases in...
by Rebecca Frederick | Mar 29, 2016 | Avoid Bankruptcy
Credit can become a normal part of managing your finances for a working person. A consistent stream of income with salary increases and bonuses make using credit as an advance on these future earnings an easy way to cover immediate expenses when you do not have cash...
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