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

Since bankruptcy in Ontario is a legal process, do I need a bankruptcy Lawyer?

Apr 8, 2016 | Leave a comment

The bankruptcy process is guided, outlined and governed by the Bankruptcy and Insolvency Act which is federal legislation.  This means that most of the process is not something your trustee will dream up – it is passed by the Government of Canada. There are some provincial laws that also govern…

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Can My Bankruptcy Application Be Denied?

Mar 11, 2016 | Leave a comment

The bankruptcy process is not as complicated as many think. In fact, there are only four main qualifications to apply for personal bankruptcy in Ontario: You need to owe at least $1,000; Be unable to pay your debts; Have stopped paying your debt; and Have debts greater than what you…

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Understanding Bankruptcy Fees

Feb 12, 2016 | Leave a comment

Bankruptcy is a legal process designed to help the honest, but unfortunate debtor find debt relief. By filing for bankruptcy and completing all of your duties, you can eliminate most of your debts and get the fresh start you need to move forward. Many people are surprised to learn that…

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