What is Bankruptcy

What is Bankruptcy Bankruptcy was created as a way for people who are overwhelmed by debt to make a fresh start.  There should be no shame in filing for bankruptcy, especially in these tough economic times.  Everyone makes financial mistakes at one time or another and sometimes circumstances can lead a person to financial ruin.  Bankruptcy … [Read More...]

Bankruptcy – What to Expect

What to Expect with Bankruptcy

Most people don’t know what to expect when they go into bankruptcy.  It’s a frightening thing for them to think about but knowing what to expect takes the mystery out of it and makes it easier to come to a decision. First, you will need a trustee licensed by the Canadian government.  He or … [Read More...]

Bankruptcy Alternatives

Bankruptcy Consumer Proposal

If you’ve reached the point where you think bankruptcy is your only way out of crushing debt, you may be pleased to know that there is an alternative.  There is another way to get out of debt without losing everything you’ve worked so hard for.  This alternative is called a Consumer … [Read More...]

What Will I Lose in Bankruptcy

Bankruptcy Loss

Many people don’t consider bankruptcy as a viable solution to excessive, unmanageable debt because they hold some common misconceptions about it.  They have been led to believe that their debts will be gone but so will everything else.  That is definitely not the way bankruptcy … [Read More...]