2025-06-30
Who Can File For Bankruptcy
Bankruptcy
There are several common scenarios which may cause you to wonder whether personal bankruptcy is an appropriate option to get out of debt.
Can I Keep My House if I File for Bankruptcy
2010-10-18
In Alberta, you are allowed to keep $40,000 equity in your principal residence if you file for bankruptcy. Equity being calculated as the fair market value of the house less the mortgage owing, property taxes, or any other secured debts against it. If you are current with your mortgage payments, the lender can not foreclose on the home simply because of the bankruptcy.
Latest Blog Posts
2025-04-25
Top five mistakes to avoid when considering filing for bankruptcy
Bankruptcy
Filing for Bankruptcy is a significant decision that can provide a fresh start for Canadians overwhelmed by debt. However, it’s essential to approach this process with caution and awareness to avoid common pitfalls and make informed decisions to protect your financial future.
2025-04-11
Who will find out about my Bankruptcy?
Bankruptcy
Considering Bankruptcy and wondering who could find out? Rest assured; your information will stay mostly confidential.
