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

How Is Student Debt Affected During Bankruptcy?

Feb 27, 2015 | Leave a comment

You accumulated significant debt while attending college or university with the full expectation that you would be able to repay that debt. Now you are struggling to keep up with your payments. Filing bankruptcy or a consumer proposal may be an option, however, there are some things you need to know…

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Will Bankruptcy Eliminate My Payday Loans?

Feb 13, 2015 | Leave a comment

A study completed by Hoyes, Michalos last year indicated that 1 in 8 people who have filed for bankruptcy or consumer proposal had at least one payday loan. From the files we reviewed, if someone owed money to payday loans, they didn’t owe just one company, but had an average…

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What’s Included in My Bankruptcy Record & Who Can See It?

Jan 30, 2015 | Leave a comment

There are several places where bankruptcy information can be found. 1. In your bankruptcy trustee’s files. What is included: The trustee’s client file will include notes about meetings, phone calls, copies of documents related to the filing, values of assets, claims of creditors, funds received and paid out in the…

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