What happens if you lose a lawsuit and can’t pay in Canada?
To clarify, I am not a lawyer, and thus, I am not giving anyone legal advice. If [...]
To clarify, I am not a lawyer, and thus, I am not giving anyone legal advice. If [...]
Amounts owing to the CRA for personal income tax and HST sometimes get pushed aside to concentrate [...]
The Bankruptcy and Insolvency Act (“BIA”) is the federal legislation that governs insolvency filings in Canada. There [...]
To the surprise of many, it is not a requirement for you to be in arrears on [...]
Based on the number of inquiries I have received recently, the Canada Revenue Agency (“CRA”) is getting [...]
Pre-pandemic Consultations Pre-pandemic, a Licensed Insolvency Trustee (“LIT”) was required to see all debtors in person prior [...]
Filing an assignment in bankruptcy legally stays (stops) your unsecured creditors from pursuing you for collection until [...]
The purpose of filing an assignment in bankruptcy or consumer proposal is to provide you relief [...]
It is recommended that you check your credit report at least once a year for accuracy and [...]
If you have finally taken the very difficult step of acknowledging that you cannot handle your debt [...]