Should I File a Second Bankruptcy or a Consumer Proposal?
When you filed an assignment in bankruptcy the first time, you swore you would never get yourself [...]
Financial Wellness Quiz
Media reports that Canadians are carrying a record amount of debt, but when is it time [...]
What Does it Mean to be an Undischarged Bankrupt?
The purpose of the Bankruptcy and Insolvency Act is to provide relief to an honest but unfortunate [...]
What is the standard percentage debts are reduced by in a consumer proposal?
Quick answer – there isn’t a standard percentage that debts are reduced by in a consumer proposal. [...]
Do I have to include all debts in a personal bankruptcy?
There are many different reasons why a debtor who needs to file a personal bankruptcy asks if [...]
How long does it take to file for bankruptcy?
It wasn’t an easy decision, but you finally realize that an assignment in bankruptcy is the only [...]
What happens with an inheritance in an insolvency filing?
Most debtors expect that when they file for bankruptcy they will lose the majority of their assets. [...]
Filing for Bankruptcy When You Own a Business
Many business owners who walk into my office wish that a course had been provided on operating [...]
Can Amounts Owing to Canada Revenue Agency be Included in a Personal Bankruptcy?
Many entrepreneurs who are very good at their trade (roofing, drywalling, etc.) struggle with increasing tax debts [...]
When to File Personal Bankruptcy?
I have personally been helping debtors with unmanageable debt levels for over twenty years. The decision to [...]
