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Can you buy a vehicle when you’re in Bankruptcy?

Provided under the Bankruptcy and Insolvency Act, Bankruptcy law aims to balance your need for a financial fresh start with your creditors’ right to recover a portion of the money they’re owed.

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COVID-19 Rule Changes Now Allow for Virtual Bankruptcies and Consumer Proposals

Canadians are facing a lot of uncertainty right now. With a sudden economic downturn and many businesses shuttered due to social distancing measures, millions have found themselves out of work and unable to pay their debts.

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How will the Canada COVID-19 Emergency Response Act affect my Bankruptcy?

The COVID-19 pandemic has shut down businesses, ravaged the global economy and caused significant job losses across the country.

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Unprecedented drop in insolvencies likely not a sign of financial stability

MNP released its most recent Consumer Debt Index just as the COVID-19 pandemic started gaining a foothold in Canada. The data — which Ipsos collected over the two weeks preceding the indefinite shutdown of non-essential businesses and millions of resulting job losses — revealed households were already feeling more pessimistic about their debts than at any point in the survey’s four-year history.

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Finally! After five years, my bankruptcy erased my student loan debts

Do you have student loans that were not erased by a bankruptcy or consumer proposal? Most likely, you filed before you had been out of school for seven years.

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Optimism about debt and personal finances jumps in Quebec

While the financial picture for many Quebec households looked bleak last quarter, many have stayed afloat thanks to the current raft of pandemic-related support programs.

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Amid relief measures, Newfoundlanders more optimistic about debt

While the financial picture for many Atlantic Canadian households looked bleak last quarter, many have stayed afloat thanks to the current raft of pandemic-related support programs.

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Amid relief measures, New Brunswickers more optimistic about debt

While the financial picture for many Atlantic Canadian households looked bleak last quarter, many have stayed afloat thanks to the current raft of pandemic-related support programs.

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Amid relief measures, Prince Edward Islanders more optimistic about debt

While the financial picture for many Atlantic Canadian households looked bleak last quarter, many have stayed afloat thanks to the current raft of pandemic-related support programs.

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Amid relief measures, Nova Scotians more optimistic about debt

While the financial picture for many Atlantic Canadian households looked bleak last quarter, many have stayed afloat thanks to the current raft of pandemic-related support programs.

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