2025-08-25
Owe the CRA money? Steps to help you get back on track
Owing the government money can be very intimidating as it's assumed the government has a limitless ability to collect the debt through any means necessary.
Canadian Us Bankruptcy Laws Are They The Same
2008-12-22
Canadian and U.S. bankruptcy laws have some similarities but many differences. In most cases, if you need to do a bankruptcy, you would do it under the laws of the country in which you are living and in which you plan to continue living. You can do a Canadian bankruptcy while you're living in another country if you meet certain criteria - i.e., if you have assets in Canada or if you operate a business in Canada. Whether or not it makes sense for you to do a bankruptcy under Canadian law while you are living elsewhere depends on who your creditors are, how much you owe compared with your ability to pay, whether you plan to return to Canada, and other factors. If you'd like more information, feel free to get in touch with me. This is a very broad area and I think it would be more useful for you to get specific information based on your particular situation. Judy Scott - Meyers Norris Penny Limited 604.949.2113 1.866.568.1335
Latest Blog Posts
2025-08-14
How to budget for summer vacation
Vacation costs can add up quickly without proper planning. This guide can help you budget so that you can make the most of your trip without overspending.
2025-08-05
How to budget when you’re unemployed
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.
- First steps to take when you become unemployed
- Managing your expenses
- Seeking professional help
