Category: Bankruptcies
Go Bankrupt, or keep paying the Mortgage?
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Should you go bankrupt or keep paying the mortgage? You must understand that going bankrupt is not only about your past or even you present, but it will also affect your future. A well timed bankruptcy can save you hundreds of thousand of dollars.
Read moreSurplus, what Surplus?
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Surplus what surplus? If you are bankrupt and have been assessed for surplus income, and you can’t afford to pay it, do not dispair you have alternative possibilities.
Read moreInsolvencies are Increasing.
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After three years of highly impactful reckless lending, insolvency rates are starting to return to normal filing levels. We anticipate a slight uptick in the new year.
Read moreCompare Debt Solutions
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Save your Home – what you need to know!
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Canada’s first choice for debt solutions, a proposal, can help you save your home while managing debt.
Read moreSurplus Income Part II – Application
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This is Part II of our |Surplus Income blog describing some of the practical components of calculating surplus as well as dealing with mediation or court adjustments.
Read moreSurplus Income Part I – History
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Surplus income is something that all bankrupts, and their Trustees, must consider – in Part I we look at the history of surplus income in Part II we will take a more practical view.
Read moreDischarge from Bankruptcy – explained.
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Getting a discharge from bankruptcy is an essential part of the process. A discharge is usually an uatomated process, but in some cases requires a court intervention.
Read moreBankruptcy is Great!
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Bankruptcy is great for providing protection from actions by creditors, eliminating debt and creating a fresh start.
Read moreHow to Keep your House
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Rates are still increasing and so are prices, and taxes. Many folks are in a financial survival mode right now. We have a few strategies to help you keep your house.
Read moreBANKRUPTCY OR PROPOSAL
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Bankruptcy or proposal, we have the right solution for you and your family – get good information.
Read moreARE BANKRUPTCY FILINGS UP?
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Bankruptcy filings are not what you may expect. The volume of debt continues to increase but remaining in debt into perpetuity has been normalized by banks.
Read moreI can only go bankrupt once!
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Many folks view bankruptcy as a one off event “I can only go bankrupt once!” which it really should be. However, a significant number of bankrupts’ have filed more than one or two bankruptcies, the most we have heard of is five times.
Read moreSection 161 Examination
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The Section 161 Examination has two pruposes, it is most often used as a routine backcheck, but sometimes used as an exploratory mechanism to detail the sale or disposition of property prior to filing an insolvency proceeding.
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