2025-11-06
Filing for bankruptcy in B.C.? Here’s what’s protected
Filing for bankruptcy doesn’t mean losing everything. Learn which assets are protected in B.C. and how to move forward with a fresh financial start.
2012-08-14
If you filed bankruptcy and did not complete your obligations it is likely that you have not been discharged, which means you remain in bankruptcy and are still responsible for your debts that were owing at the date of bankruptcy. As an undischarged bankrupt you may not file another assignment in bankruptcy or a consumer proposal. However, you do not need to file another bankruptcy to deal with the outstanding issues. You should contact the trustee to make arrangements to complete your obligations and obtain your discharge. If the trustee has been discharged, its file may be closed, additional fees to reopen your file and complete the administration of your bankruptcy may be required. Also, If the trustee has been discharged, then the protection you received from your creditors has been lifted, so completing your obligations and getting your discharge should be a priority.
2025-11-06
Filing for bankruptcy doesn’t mean losing everything. Learn which assets are protected in B.C. and how to move forward with a fresh financial start.
2025-11-05
Debt Solutions
Unexpected tax debt can be a daunting prospect. How can you confirm the CRA is really calling you — and pay back what you owe?
2025-11-03
Consumer Proposal
Thinking about paying off your Consumer Proposal early? It can be smart move, but only if it fits your existing financial picture.