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 Are Funds Distributed To Creditors In Bankruptcy?

Dec 9, 2016 | Leave a comment

Bankruptcy is highly regulated. In addition to the multitude of provisions contained within the Bankruptcy & Insolvency Act, there are numerous complementary pieces of legislation and decades of court cases. At its core, though, bankruptcy is very simple with a few key principles. For example, the honest but unfortunate debtor…

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Are There Different Types Of Bankruptcy In Ontario?

Nov 11, 2016 | Leave a comment

If you are suffering financial hardship, you could voluntarily seek the services of a licensed insolvency trustee in Ontario and voluntarily assign yourself into personal bankruptcy. Having said that, it might surprise you to learn that there are actually two types of bankruptcy in Ontario: ordinary and summary administrations. Over 90%…

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Can I Travel Or Move If I Filed Bankruptcy In Ontario?

Oct 14, 2016 | Leave a comment

Bankruptcy. It’s a scary word. I don’t think I have ever met anyone who likes the word ‘bankruptcy’. A lot of that fear and dislike comes from a lack of understanding of what bankruptcy is and how it works. My offices are in Mississauga and Toronto, and a lot of…

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