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.
House Equity Income Tax Debts
2010-01-05
Hello, 1) If you file for bankruptcy, the Trustee will take on a one-half interest in the home given that you had a one-half share previously. If there is equity in the home, you may be able to buy back this equity in a monthly payment. If the equity is substantial, the house could potentially be sold by the Trustee, however, this can be complicated given a limited one-half interest. If there is no equity and you have a mortgage on the property, you would just continue making the monthly mortgage payments as bankruptcy does not interfere with a secured creditor. As you can see, there are a number of variables to consider. 2) Income tax debt is discharged or forgiven in bankruptcy. 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.
