2025-09-12
To be or not to be — a director. That is the question.
Thinking of becoming a company director in Canada? Sure, it’s an impressive title. But it’s also a serious legal responsibility.
Extinguishing Student Loan Debts
2009-09-24
Curtis, Effective July 7, 2008, Canada and/or provincial student loan debts are forgiven in a bankruptcy if your studies ended more than 7 years before the date of bankruptcy. This is a reduction from the previous 10-year rule. Of note, an individual who has been through a bankruptcy already, and has been out of school for more than 5 years, can make an application to the court for an order discharging their student loan(s). This is often referred to as a "hardship application" and the process for making such an application varies by province and jurisdiction. Generally speaking, however, the individual must satisfy the court that: a) they have acted in good faith in dealing with their student loan debts (i.e. an attempt has been made to make payments) and b) that the individual has and will continue to experience financial difficulty to such an extent that they will be unable to pay the debt. Brad Milne CIRP Trustee in Bankruptcy Brandon, Manitoba
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Will Bankruptcy Erase All Of My Debt?
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How to budget when you’re living paycheque to paycheque
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You already know the many benefits of skilled money management. The fact you’re reading this blog post says at least that much. Your challenge, like for most households, is how to navigate the seemingly infinite demands on your frustratingly finite income.
