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cybercrime

05 Jan Can Online Scams and Cybercrime Cause Bankruptcy

Posted at 09:33h in Bankruptcy, Blog by Len Hiquebran, CPA, CA, LIT

The digital age has transformed how we work, shop, and interact. However, it has also opened up new avenues for cybercrime and online scams, which can have immense financial consequences....

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what happens when you go bankrupt in canada

17 Aug What Happens When You Go Bankrupt in Canada?

Posted at 17:40h in Bankruptcy, Blog by Len Hiquebran, CPA, CA, LIT

Bankruptcy is a life-changing decision. And despite the common stigma, it can often improve your financial future for the better. When completed with professional support, Bankruptcy is an ideal way...

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Small Business Bankruptcy

08 Apr How to Avoid Small Business Bankruptcy and What Happens When a Business Goes Bankrupt

Posted at 07:25h in Bankruptcy, Blog by Len Hiquebran, CPA, CA, LIT

In the realm of business, few challenges are as daunting as facing financial instability, especially for small business owners who have poured their hearts and souls into their ventures. Bankruptcy,...

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Office of the Superintendent of Bankruptcy

28 Mar What is the Office of the Superintendent of Bankruptcy and The Bankruptcy and Insolvency Act?

Posted at 17:22h in Bankruptcy, Blog by Len Hiquebran, CPA, CA, LIT

Although at first glance this may seem like a dry topic, we feel it is important to highlight the framework that the insolvency system operates in. These federal laws and...

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Bankruptcy discharge

07 Jan A Guide to Bankruptcy Discharge in Canada

Posted at 10:20h in Bankruptcy, Blog by Len Hiquebran, CPA, CA, LIT

Obtaining an absolute discharge from Bankruptcy  is a big deal in Canada when you're dealing with money troubles. It's like hitting the restart button and getting a chance to fix...

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Canadians Declaring Bankruptcy

01 Nov Top Reasons Canadians are Declaring Bankruptcy and How to Bounce Back

Posted at 07:28h in Bankruptcy, Blog by Derek L. Chase, CPA, CA, LIT

Are you curious about why some Canadians are declaring Bankruptcy? It's essential to remember that Bankruptcy isn't the end of the road; it can be a fresh start on your...

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bankruptcy

25 Jun Is Bankruptcy a Bad Thing?

Posted at 18:58h in Bankruptcy, Blog by Shirley Tomyn

Many Canadians today are feeling the ‘economic crunch’. Our current economic environment seems unstable and heading in an even bleaker direction. Even full-time employment is not giving anyone much comfort...

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Licensed Insolvency Trustees (LIT)

03 Apr How do Insolvency Trustees Get Paid?

Posted at 19:25h in Bankruptcy, Blog, Consumer Proposal, Licensed Insolvency Trustees by Derek L. Chase, CPA, CA, LIT

When we meet with individuals, or directors of a corporation, in order to provide them with information about possible options that are available to deal with debt and financial problems,...

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employment insurance (EI)

06 Nov Will Bankruptcy Affect Your Employment Insurance (EI) Income?

Posted at 15:38h in Bankruptcy, Blog by Derek L. Chase, CPA, CA, LIT

The world, and many of the world’s economies, including Canada’s, are in uncertain times. Inflation is upon us, interest rates have been rising, war and rumors of wars dominate the...

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CERB repayment

11 Aug Can CERB Repayment Be Included in Bankruptcy?

Posted at 17:19h in Bankruptcy, Blog by D. Elinor Warner

Many Canadians received a collection letter from the Canada Revenue Agency (CRA), asking them to repay CERB (Canada Emergency Response Benefit). Our debt experts explain if you can avoid CERB...

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