2025-10-21
How we helped a client decide between a consumer proposal and bankruptcy
A client thought bankruptcy was their only way out. See how a consumer proposal helped them keep their home and repay debt with confidence.
2008-11-18
Debts that survive a bankruptcy are outlined in Section 178 of the Bankruptcy & Insolvency Act. Whether or not your court costs are going to fall within this Section is going to depend on what the costs relate to. The costs that I can see being reviewed would be: -court fines. Are these costs applicable to some type of fine from the court? -is it any type of restitution order? -fraud or misappropriation of assets. Is there any reference to this in the judgment? But if they are simply costs resulting from a civil claim that you lost (a lawsuit for money owed), then yes…..they can be included in a bankruptcy. If you would like to contact me with the specifics of your court costs, I can be reached at the contact info below. Donna Carson, CGA, CIRP, Trustee Calgary, Airdrie, Drumheller regions 403.537.7657 or 1.877.500.0792 [email protected]
2025-10-21
A client thought bankruptcy was their only way out. See how a consumer proposal helped them keep their home and repay debt with confidence.
2025-10-20
Alternatives to Bankruptcy Bankruptcy Consumer Proposal Lifestyle Debt MNP Consumer Debt Index
Just when seniors should be relaxing and enjoying the fruits of their labour, many find themselves struggling financially — an unsettling contrast to the ease they’d hoped to live their golden years.
2025-10-17
This is called buyer’s remorse. In some cases, Canadian law provides protections that can help you reverse these costly decisions and avoid sinking further into debt.