25 Aug Wage Garnishment: How It Works, What You Can Do, and Other FAQs
What Is a Garnishment & How Did I Get One? Garnishments may occur if you stop paying your creditor and the creditor decides to take legal action. To take action, a...
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25 Aug A New Name for Insolvency Professionals
On December 2, 2015 the Office of the Superintendent of Bankruptcy made a big announcement; there will be formal change to the designation of insolvency professionals nationwide. As of April...
25 Aug Bankruptcy Myths: Debunking the Misconceptions of Bankruptcy
Bankruptcy; this is the first thought for many individuals that are desperate to fix their financial situation. Although the majority of Canadian’s have heard the word “bankruptcy” before, many are...
25 Aug What Is Surplus Income and How to Calculate It
Surplus Income is perhaps a poorly worded phrase. Not many people would feel that they have surplus income, especially when dealing with debt. However, in the bankruptcy context, surplus income...