by Amaana Sagar | Apr 14, 2022 | Bankruptcy
Bankruptcy is a regulatory procedure that allows you to clear your debt problems and start again. The procedure can preclude legal action being taken against you, as well as creditors pressuring you for repayment. However, bankruptcy is a legal procedure, and any...
by Amaana Sagar | Jan 25, 2022 | Bankruptcy
Bankruptcies are becoming more common in Canada as personal debt levels climb. Although the stigma associated with bankruptcy is fading, many people remain fearful of the process and what it means for them personally and financially. Table of Contents What happens...
by Ankit Kumar | Dec 16, 2021 | Bankruptcy, Credit Counselling
Consumers could not be more divided when it comes to debt relief services. Bankruptcy is seen as the worst thing you can do for your money, whereas credit counselling is regarded as objective, free, and risk-free. But these extremes are inaccurate. Table of Contents...
by Ankit Kumar | Oct 26, 2021 | Bankruptcy
If you have large debts that you can’t pay off, are behind on your mortgage payments and on the verge of foreclosure, or are being hounded by bill collectors—or all of the above—bankruptcy may be the best option for you. It could be, or it could not be. Table of...
by Ankit Kumar | Oct 26, 2021 | Bankruptcy
What is the bankruptcy process in Canada and what should you expect? Here’s an overview of key sections you might not know about. Table of Contents What is Bankruptcy? When to file for bankruptcy? What is the Bankruptcy process in Canada? What happens after I declare...
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