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Increase In Insolvencies In Canada
16/10/2015
David Gowling
Bankruptcy
Consumer Proposal
Statistics Canada recently released a report stating that Canadians are holding a record level of household debt with the average Canadian household owing 164.6% of its annual income.
Read More arrow_forwardExperiencing Financial Distress? Good News: YOU HAVE OPTIONS!
14/09/2015
Grant Bazian
Alternatives to Bankruptcy
Bankruptcy
Consumer Proposal
Unmanageable debt is exhausting. Living in financial uncertainty while trying to maneuver multiple payment schedules at varying interest rates, paired with the harassing phone calls from creditors can be completely overwhelming.
Read More arrow_forwardDebt Relief Can Be Relieving
20/08/2015
Alternatives to Bankruptcy
Bankruptcy
Consumer Proposal
Are your debt problems heating up? Perhaps it’s time to cool off with some debt relief
Read More arrow_forwardProtecting Canadians: The Superintendent of Bankruptcy In Canada
07/08/2015
Bankruptcy
Consumer Proposal
The Office of the Superintendent of Bankruptcy in Canada (OSB) is a special operating agency of Industry Canada that protects the integrity of the bankruptcy and insolvency system for the benefit of investors, lenders, consumers and the public.
Read More arrow_forwardWhat Can I Keep If I Claim Bankruptcy In B.C.?
23/07/2015
Bankruptcy
Bankruptcy is a process that allows a debtor to get a fresh financial start. When you file for bankruptcy, you surrender your assets to your bankruptcy trustee. The trustee then turns those assets into cash, and distributes the money to your creditors....
Read More arrow_forwardThe Benefits Of A Consumer Proposal Versus A Bankruptcy
07/07/2015
Bradley Milne
Bankruptcy
Consumer Proposal
Consumer proposals and bankruptcies are both government legislated options which can provide you with relief from significant debt problems.
Read More arrow_forwardSave your home in a bankruptcy
10/06/2015
Ian Schofield
Bankruptcy
There are differences between bankruptcies and consumer proposals across the provinces and I would encourage individuals struggling with financial difficulty to consult with a trustee such as myself who is resident in their particular province
Read More arrow_forwardYour Financial Fresh Start: How Bankruptcy Can Help You Live Again
29/05/2015
Bankruptcy
Your financial state is one of the most private and personal aspects of your life, one that is typically only discussed with family members and the closest of friends.
Read More arrow_forward5 Questions To Ask When Considering Bankruptcy
25/05/2015
Frederic Lachance
Bankruptcy
Alternatives to Bankruptcy
If you’re struggling with rising debt, at some point you may have thought about filing for bankruptcy. Before you do, here are five key questions you should ask yourself.
Read More arrow_forwardHow Long Do Bankruptcy & Consumer Proposals Last
15/05/2015
Bradley Milne
Bankruptcy
Consumer Proposal
Upon filing for bankruptcy, there are a number of duties that you must complete which include paying fees, participation in two debt counseling sessions and submission of monthly income and expense statements.
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