There are a lot of misconceptions surrounding why someone is driven to file for bankruptcy. In this post, we share a realistic sequence of events that leads someone down a path of financial instability and into our office for debt relief. We also explain what you can expect when you declare bankruptcy.
Ideally, in your 40s, you want to prepare for your transition into retirement. But being burdened with debt at this age can hold you back from building any meaningful wealth. Luckily, there are debt relief options available to help you take control of your future.
If you are considering divorce and carrying a lot of debt, it's important to be strategic with your finances. This post explains what happens to your marital assets, joint debts, and whether you should file an individual or joint bankruptcy or proposal before or after a divorce filing.
Have you heard of an examination of bankrupt? If you are thinking of filing for bankruptcy you may be subjected to this legal proceeding. Find out everything you need to know and why there is usually nothing to be concerned about.
A creditor’s meeting in a bankruptcy is rare, but it is still important to know what they entail if it happens to you. This blog offers an easy-to-understand explanation of typical creditor’s meetings.
Do you have unpaid debts in Canada, but are currently not living here? Our experts explain the requirements for declaring bankruptcy when you no longer live in Canada and what happens if you don’t file.
Have you recently filed for bankruptcy, and are curious about the process of bankruptcy court?
Learn about what you can expect in this proceeding, and everything you can do to properly prepare yourself.
Filing for bankruptcy may bring up feelings of embarrassment, and it’s understandable if you don’t want everyone to find out about it. So, who can find out if you've filed bankruptcy? Doug Hoyes explains.
We strongly suggest opening a new account when you file insolvency, especially if you owe money to the bank where you have a deposit account. We explain how to open a new account and why this is important.