2025-06-18
How to budget for inflation
The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.
2009-06-26
When someone declares personal bankruptcy, they swear a Statement under Oath as to all the Property that they own. But only the property that they, themselves, own. So if this property was left to your daughter and you have the backup paperwork to prove that, then you wouldn't be listing this property in your bankruptcy paperwork. It's your daughters and not yours. So the answer to your question would be...no, they can't take away your daughter's property. Because your daughter is a minor, are there any provisions whereby you are holding it in trust for her until she reaches the age of 18,21,25? If so, ensure that you have the proper paper trail to show that even though you currently have the property, it is only being held in trust for your daughter. There are certain provisions that have to be met to prove that it is trust property, and not yours. If you want to discuss the specifics of this property, feel free to give me or any one of our Trustees a call. Donna Carson, CGA, CIRP, Trustee Calgary, Red Deer and regions 1.877.500.0792 [email protected]
2025-06-18
The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.
2025-06-16
Bankruptcy Alternatives to Bankruptcy
Let’s review what a Consumer Proposal is, as well as the pros and cons of filing a Proposal, to help you determine if it’s the right solution for your unique situation.
2025-06-16
Bankruptcy Consumer Proposal
Losing your job can be frustrating and, even more so, managing your financial wellbeing while you’re unemployed. However, you can successfully navigate the situation with the right budgeting tips.