Category: Bankruptcies

• Bankruptcies
• Something to Think About

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.

• Bankruptcies
• Consumer Proposals
• Something to Think About

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.

• Bankruptcies
• Consumer Proposals
• Counselling
• Something to Think About

Use this blog article as a guidline to compare debt solutions.

• Bankruptcies
• Consumer Proposals
• Something to Think About

Canada’s first choice for debt solutions, a proposal, can help you save your home while managing debt.

• Bankruptcies

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.

• Bankruptcies

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.

• Bankruptcies

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.

• Bankruptcies

Bankruptcy is great for providing protection from actions by creditors, eliminating debt and creating a fresh start.

• Bankruptcies
• Consumer Proposals

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.

• Bankruptcies
• Consumer Proposals

Bankruptcy or proposal, we have the right solution for you and your family – get good information.

• Bankruptcies

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.

• Bankruptcies

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.

• Bankruptcies

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.