About 1/5th of insolvencies in Canada are due to medical debts. Find out the primary factor contributing to medical bankruptcy and issues that arise with it, as well as if insolvency can eliminate these debts.
Bankruptcy is not right for everyone, we know that. We explain 5 reasons why bankruptcy may not be your best choice, from when it may be too costly or when you might not be eligible and more.
Are you thinking about filing for bankruptcy and want to know more about what this form of debt relief requires from you? Learn about the duties you are responsible for in order to clear your debts.
If you are considering filing for a bankruptcy, it is important to be knowledgeable about the process and have answers to any of your questions. Here are the top 10 facts you should definitely know.
To be discharged from a bankruptcy there are certain duties that need to be completed first, one of which may include surplus income payments. Find out what surplus income is and 5 reasons it’s important.
Did you know that bankruptcy law does eliminate most tax debt? Learn about when your tax debts can be discharged through insolvency and the implications of a CRA bankruptcy.
Bankruptcy deals with unsecured and secured creditors differently. We define each type of creditors and explain how these debts are handled in a bankruptcy or consumer proposal.
We explain what you need to know about credit card use before bankruptcy, when you can get a credit card after filing bankruptcy and more in this guide to credit cards and bankruptcy.