Debt Relief Experts
Divorce and Bankruptcy Law in Canada
Are you going through a divorce and struggling with debt? Our Bankruptcy and Divorce Canada fact sheet explains everything you need to know from dividing debt to what happens if your ex-spouse files insolvency.
Bankruptcy Basics
Income Taxes and Bankruptcy – What You Need to Know
Did you know that bankruptcy law does eliminate most tax debt? Learn about when your tax debts can be discharged through insolvency and the implications of a CRA bankruptcy.
How Do I Know If I’m Insolvent?
It's not the amount of debt you have but your ability to repay your financial obligations that indicate whether you may need to file insolvency. Learn if you are insolvent and when you should talk with a trustee.
Why Delaying Your Bankruptcy Can Cost You More
Are you delaying bankruptcy because you’re scared of what it entails or what it may change in your life? Find out what can happen if you continue to delay the process and why you don’t need to be afraid.
Bankruptcy vs Insolvency. What’s the Difference and Does it Matter?
Being in debt does not mean you need, or are eligible to file bankruptcy. We look at what it means to be insolvent, a requirement to declare bankruptcy in Canada.
Effects of Filing Bankruptcy or Consumer Proposal as an Accountant in Canada
Chartered Professional Accountants can have debt issues, but what happens when they file for insolvency? Find out the steps you need to take as a CPA filing insolvency and if you can keep your designation.
10 Bankruptcy Definitions You Need To Know
Bankruptcy doesn't have to be confusing. In this blog post we explore 10 bankruptcy definitions you should know, especially before you meet with a Licensed Insolvency Trustee.
Can I Be A Director, Executor or Be Bonded If I File A Consumer Proposal?
If you are in a position of trust or dealing with money, find out how filing a bankruptcy or consumer proposal can affect a formal appointment as director, executor or your ability to be bonded.
Bankruptcy Trustee now called LIT in Canada
Are you wondering how the government regulates insolvency in Canada? Our experts explain how the Office of the Superintendent of Bankruptcy regulates these legal proceedings and the required trustees.
What Happens if I File a Bankruptcy or Consumer Proposal as a Human Resources Professional?
If you are filing for insolvency in Ontario as a human resource professional you need to notify the Registrar’s office immediately by law. Find out what situations can result in suspension of privileges.
Who Do Licensed Insolvency Trustees Work For?
A common fear is that trustees work for creditors. We explain why it's best for LITs to ensure you get the best deal and can afford your payments and how we compare to other debt consultants.
Will I Lose My Insurance Agent License if I File Bankruptcy in Ontario?
What are the repercussions of filing insolvency as an insurance agent? Find out what is required of you if you file, if your license will be revoked and if you can become an insurance agent after.
Filing Bankruptcy or Consumer Proposal as an Insurance Broker in Ontario
Does filing for insolvency as an insurance broker in Ontario have a negative impact? Learn about what happens to your registration if you file and what we believe is the best option for you.
Dispelling Common Fears of Bankruptcy
Bankruptcy can be a scary and intimidating process if you are not well equipped with the knowledge on how to successfully navigate it. We debunk the 5 most common fears when it comes to insolvency.
What It Means To Go Bankrupt
If you are considering filing for bankruptcy, it is crucial to know what it fully entails. We’ll show you how to calculate the cost, how it affects your credit and how bankruptcy can remove debt stress.