Monthly Archives: February 2015

How Is Student Debt Affected During Bankruptcy?
By Scott Schaefer, Trustee
27 Feb 2015 | Category: Debts In Bankruptcy | Leave a comment
Student-loans-bankruptcy

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?
By Rebecca Martyn, Trustee
13 Feb 2015 | Category: Debts In Bankruptcy | Leave a comment
payday loans bankruptcy

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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