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...
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22 Feb Will Filing Bankruptcy or a Consumer Proposal Affect My Current Job or Future Employment?
Filing Bankruptcy or a Consumer Proposal is a legal process that uses powerful Federal Government of Canada laws to get you protection from your creditors and obtain a fresh start...
22 Jun Understanding the Bankruptcy Mediation Process
One of the options for obtaining relief from your debts is to file for Bankruptcy protection. This can sometimes be the most practical option when a consolidation loan or a...
14 Jun How Your Income Tax Return Is Filed During Bankruptcy
With another tax year in the books, I have recently noticed an increase in questions relating to personal income tax returns. I thought to myself “What a perfect topic for...
20 May BC Bankruptcy Exemptions: Will I Lose Everything if I File for Bankruptcy?
One of the misconceptions about filing for personal Bankruptcy is that a person thinks that they may lose valuable assets. In fact, the stated intent of the Federal legislation is...
15 Feb Debt and Divorce: A Common Cause of Bankruptcy
There are countless things that cause Canadians to experience financial difficulty. Things such as job loss, poor spending choices and being a victim of fraud are just a few reasons...
15 Feb Consumer Proposal vs Bankruptcy – Which Is Best?
When someone contacts us to find a solution to their debt problems we are required to gain an understanding of their financial situation. We refer to this free and confidential...
13 Jan Wage Earner Protection Program: Help for Employees During Bankruptcy
What a stressful event. After you get over the shock, frustration, and sadness, you need a plan.We are currently facing uncertain times but one never knows the financial stability of...
21 Dec What Happens to My House If I Declare Bankruptcy?
If you are having money troubles and find it difficult to pay your credit card debts, line of credit, car loans, AND mortgage you are not alone. Homeownership is expensive....
04 Dec Will Anyone Know If I Declare Bankruptcy?
In our role as Licensed Insolvency Trustees, we meet with lots of people. More than you might think. On several occasions, a comment has been made about how difficult it...