Hi, Can someone declare Bankruptcy even though they are unemployed? Thanks.

A comment on the number of bankruptcy and proposal filings in Canada over the last twelve months.

There’s no doubt that making the decision to file for bankruptcy is a difficult one. The most common misconception is that when you file for bankruptcy, you will lose everything.

In Ontario, many people in financial trouble list 407 ETR (the world’s first all-electronic open access toll highway) among their debts when they file a bankruptcy.

A friend has sent an incorporated business books to be done but cannot pay the bookkeeper for the work she has done. My taxes are due very shortly. Can she hold my books pending payment?

I owe my bank money for a visa account, I am behind on my payments, and they have taken my last couple of paychecks. My friend told me that if I go bankrupt, I can get this money back, is this true?

Sometimes clients express concern that they will not be able to open a bank account or conduct banking while going through the process. This is not a concern in Canada.

after declaring bankrupsy, how long must i wait before I can be free to keep my full wages etc.?

I know student loans don’t go away in a bankruptcy unless it has been 10 years since you finished your program, but I’ve heard this is being changed. What will the new time period be and when will that change be in effect?

Every year, thousands of people are the victim of a fraud. It might be identity theft, payment theft or e-mail fraud.