Avoiding Bankruptcy

avoiding bankruptcy

Declaring personal bankruptcy is not the only way to eliminate your debt. Choose an option you can afford, and one that fits your situation. Find out if you can settle your debt with a consumer proposal and keep your assets.

Avoid bankruptcy

What Do you Keep If You Go Bankrupt In Ontario?

Ontario Exemptions

What Do you Lose If You Go Bankrupt In Ontario?

Cost of Bankruptcy in Ontario

Expert Advice Blog | Recent posts

Why You Should Keep Your Bankruptcy Discharge Papers

May 22, 2015 | Leave a comment

Once you have completed all of your bankruptcy duties, you receive a discharge certificate that officially releases you from the debts included in your bankruptcy.  You will also receive a final receipts and disbursement summary to disclose whether any dividends were available to be paid out during your bankruptcy, that shows…

Read More

Ontario Bankruptcy Exemptions: Tools Of The Trade

May 8, 2015 | Leave a comment

Bankruptcy can be the beginning of a fresh start and an opportunity to rebuild. If you are in a trade or profession that requires you to provide your own tools or equipment you may wonder how these assets are affected in a bankruptcy. In general, bankruptcy law tries to balance the…

Read More

5 Benefits To Filing Bankruptcy: Do They Apply To You?

Apr 24, 2015 | Leave a comment

Money problems happen to many different people for many different reasons.  Too often, debt becomes a cycle and the pressure of paying off all of the debt becomes too much to handle alone.  If you find yourself in the same situation, here are the top five benefits to filing personal…

Read More