2025-08-01
Transferring Assets Before Bankruptcy: Why You Should Consult a Trustee
Bankruptcy
If you’re struggling with your finances and heading toward bankruptcy, you may think it makes sense to sell or transfer some of your assets.
As thousands of households across the province continue to grapple with the difficult realities of unemployment, many have run through their severance and / or unemployment insurance and have spent weeks, even months relying on credit to pull them through the costs of day-to-day living. While credit can be an incredible tool in a pinch, credit reliance can quickly spiral into a cycle of debt that may seem impossible to get out of. For this reason, more and more households are investigating viable debt solutions. MNP’s Vicky Samuels recently discussed the increase in bankruptcies filed throughout the province withDiscover Airdrie in an original article published online on February 1, 2017.
2025-08-01
Bankruptcy
If you’re struggling with your finances and heading toward bankruptcy, you may think it makes sense to sell or transfer some of your assets.
2025-06-30
Bankruptcy
There are several common scenarios which may cause you to wonder whether personal bankruptcy is an appropriate option to get out of debt.
2025-04-25
Bankruptcy
Filing for Bankruptcy is a significant decision that can provide a fresh start for Canadians overwhelmed by debt. However, it’s essential to approach this process with caution and awareness to avoid common pitfalls and make informed decisions to protect your financial future.