Debt Relief Experts
How Long Does Bankruptcy Last?
Are you filing a first or second bankruptcy and have questions about how long you will be bankrupt? Learn about the typical length of a bankruptcy, factors that may affect this length and if there are alternatives.
Bankruptcy Basics
The Pros and Cons of Canadian Bankruptcy
Are you curious about the advantages and disadvantages of filing for insolvency in Canada? We provide you with the most notable pros and cons of bankruptcy, to help you navigate debt relief.
Why Women Face Higher Bankruptcy Risk
Females have unique challenges to manage when it comes to debt payments and accruing debt. Find out why women are more likely to become insolvent and how to protect yourself from different forms of debt.
Student Loans and the 7 Year Rule
Student loans have special treatment in a bankruptcy or consumer proposal. We explain the 7-year rule, what it means for your student loan to be discharged and review a case file from one of our clients.
10 Facts You Need to Know About Bankruptcy
If you are considering filing for a bankruptcy, it is important to be knowledgeable about the process and have answers to any of your questions. Here are the top 10 facts you should definitely know.
What Does it Cost to File for Bankruptcy in Ontario?
We explain the three factors that affect how much you may have to pay to file bankruptcy in Ontario: income, assets and if you have filed before.
5 Reasons Not To File Bankruptcy
Bankruptcy is not right for everyone, we know that. We explain 5 reasons why bankruptcy may not be your best choice, from when it may be too costly or when you might not be eligible and more.
Can I Travel While Bankrupt? When Do I Need To Be in Canada?
Bankruptcy itself does not have any travel restrictions. Find out when you may need to be in Canada to fulfil your duties as required to ensure you achieve your discharge.
Will I Lose My Real Estate License if I File a Bankruptcy or Consumer Proposal in Ontario?
If you are filing for insolvency in Ontario and you are a real estate agent, you have specific notification requirements to your board. Find out what circumstances can result in a revoked licence.
How Young Is Too Young For Bankruptcy?
Are you in your 20s, struggling with debt, and wondering if you should file for bankruptcy? Explore 3 important aspects you need to consider and how to ‘run the numbers’ before moving forward with this choice.
New Surplus Income Limits for 2024
The government sets a limit on how much income you can keep before you have to make extra bankruptcy payments. This limit is updated each year. Learn more about this threshold.
Top Bankruptcy Myths Dispelled by An Expert
Finding credible information and resources about bankruptcy and personal insolvency can be difficult. In this blog and podcast, two Licensed Insolvency Trustees discuss 6 common bankruptcy myths.
Top 5 Bankruptcy Issues for Small Business Owners
Are you a small business owner or sole proprietor facing financial hardships? Find out the 5 common concerns you need to be aware of before filing for insolvency, and if you have other options.
Can I Still Be a Mortgage Broker or a Mortgage Agent if I File for Bankruptcy in Ontario?
Mortgage brokers or agents filing for insolvency may be able to keep their job titles. Find out reasons why a license would be revoked in a bankruptcy and how a consumer proposal can affect you license.
Effects of Filing Bankruptcy or Consumer Proposal as a Certified Financial Planner in Canada
As a certified financial planner in Canada, you are obligated to disclose if you filed for insolvency. In this blog, learn about everything you need to know to navigate this situation.