05 Jan Can Online Scams and Cybercrime Cause Bankruptcy
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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17 Aug What Happens When You Go Bankrupt in Canada?
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...
08 Apr How to Avoid Small Business Bankruptcy and What Happens When a Business Goes Bankrupt
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,...
28 Mar What is the Office of the Superintendent of Bankruptcy and The Bankruptcy and Insolvency Act?
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...
07 Jan A Guide to Bankruptcy Discharge in Canada
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...
01 Nov Top Reasons Canadians are Declaring Bankruptcy and How to Bounce Back
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...
25 Jun Is Bankruptcy a Bad Thing?
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...
03 Apr How do Insolvency Trustees Get Paid?
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,...
06 Nov Will Bankruptcy Affect Your Employment Insurance (EI) Income?
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...
11 Aug Can CERB Repayment Be Included in Bankruptcy?
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...