2025-10-30
Debt traps and financial nightmares
Lifestyle Debt
Many Canadians are stuck in payday loan cycles. Learn how debt traps form, why they’re harmful, and what you can do to escape and regain control.
Criminal Fines
2009-01-23
Section 178 of the Bankruptcy & Insolvency Act outlines certain debts that are not discharged (written off) in a bankruptcy or proposal. Criminal fines, court fines, restitution orders imposed by a Court are NOT written off in a bankruptcy. You would therefore have to make arrangements to continue to pay these debts. Do not hesitate to contact one of our Trustees if you have a question regarding your specific debt. Donna Carson, CGA, CIRP, Trustee 1.800.500.0792 1.877.500.0792 [email protected] Calgary, Airdrie, Drumheller regions
Latest Blog Posts
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.
2025-10-20
Seniors and Debt
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.
