2025-06-30
How do I respond to creditors?
Credit Counselling
Here are the ABC’s of dealing with creditors and debt collectors.
2008-05-05
Joseph, whether or not you lose your mobile home in a bankruptcy would depend on various factors, particularly its value and the amount owing to a secured creditor. If the mobile home has been pledged as collateral on a loan (i.e. a “secured debt”), you likely would not lose the mobile home provided you are not behind in your payments and you continue making your regular monthly payments. If there is equity in your mobile home, you may have to buy back this equity from the bankruptcy estate. If your mobile home is not secured by a creditor and you own it free and clear, it is possible that it would be sold in a bankruptcy. In this situation you may consider doing a proposal to your creditors rather than a bankruptcy.
2025-06-30
Credit Counselling
Here are the ABC’s of dealing with creditors and debt collectors.
2025-06-25
The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.
2025-06-19
With the school year beginning and thousands of Canadian students beginning a new semester of post-secondary studies, all those hard-earned dollars from summer gigs are now being applied to tuition, books, transportation, housing, and supplies.