Monthly Archives: October 2013

Your creditors cannot continue to harass you when you go bankrupt in Ontario. Once you are bankrupt, your creditors are required to contact your trustee, not you. When you file for bankruptcy in Ontario, your trustee will notify all of your creditors that you have filed for bankruptcy. Within five days…

Most people know that they are having financial problems, but often they don’t realize how severe their debt problems really are. Here are some common ways to tell if you are in financial trouble in Ontario. You are afraid to answer the phone, because it might be a bill collector You…

There are two main credit reporting agencies in Ontario: Equifax and Trans Union. Information about your bankruptcy or consumer proposal is reported to these agencies by the Office of The Superintendent of Bankruptcy (OSB), not your trustee. The OSB will advise these agencies when you file a bankruptcy or proposal…

No. Filing for bankruptcy in Ontario does not directly affect your spouse. It is a common misconception that if you are married, you are automatically responsible for you spouse’s debts. That is not the case. You are only responsible for debts in your name, that you have signed for. Your spouse is…