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

Who Will Know About my Bankruptcy in Ontario?

Oct 10, 2014 | Leave a comment

While many people are more accepting of the fact that we live in an on-line world and that much of our lives are on facebook, twitter and other social media, the fact remains that most people do not want to have everyone gossiping about the fact that they needed to file…

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How Does Filing Bankruptcy Affect my Divorce or Separation?

Sep 26, 2014 | (2) comments

Divorce or separation is a common cause of bankruptcy or a consumer proposal for many individuals in Ontario. It’s not terribly surprising that divorce leads so many people to financial trouble – you move from managing a household budget with two incomes to trying to make ends meet with only one income. Expenses…

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Are Property Taxes Considered Debts Included in Bankruptcy

Sep 12, 2014 | Leave a comment

Whether or not property taxes are discharged by filing bankruptcy is not a simple question. The answer is:  it depends. The difference lies in whether or not your outstanding property taxes remain a charge against the property. Let’s expand on that with a couple of examples. Scenario 1: Giving Up Your Home…

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