2025-09-04
Will Bankruptcy Erase All Of My Debt?
Bankruptcy
The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.
2009-05-27
It sounds like you need all of your income right now to cover living expenses, and trying to pay creditors is simply not an option. I'm assuming that you don't have a relative who can help you with a lump sum settlement of your debts (through a Consumer Proposal or other means). If that's the case, you may want to consider a bankruptcy. It will get things cleaned up for you and you would probably find the cost fairly manageable. It will, of course, also affect your credit rating. The other option you have is to wait until you're working again. Depending on you income, you may then be able to do a Consumer Proposal or other settlement with your creditors.If you want to talk about things, just give me a call or do another posting. Judy Scott Meyers Norris Penny 604-617-1711
2025-09-04
Bankruptcy
The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.
2025-09-02
Lifestyle Debt Debt Solutions
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.
2025-09-02
Lifestyle Debt
Have fun on a budget with our guide to affordable activities in Atlantic Canada.