Leamington
Gordon Sands Getting OSAP While Bankrupt or in a Consumer Proposal Navigating finances while pursuing your education can be a challenge, more so if you have a history of insolvency, such as bankruptcy or a consumer proposal. If you find yourself in this predicament, you may be wondering, “Can I get OSAP while in bankruptcy or consumer … Read more
Understanding Debt Inheritance After Death in Canada Can I Inherit Debt After Someone’s Death in Canada? This is a question that often brews confusion and concern, especially among those who are named as executors of a deceased person’s estate or those who are worried about their own debt situation. In this article, we will delve … Read more
Gambling Debts and Bankruptcy It’s no secret that financial woes can befall anyone, regardless of the reasons behind their predicament. However, when it comes to individuals who have accrued debts due to gambling, one question frequently arises – Can I Go Bankrupt If My Debts Are The Result of Gambling? To find the answer, we … Read more
Contemplating a Second Personal Bankruptcy: A Comprehensive Guide Applying for personal bankruptcy the second time around is indeed a possibility. However, certain rules and regulations must be adhered to in order to successfully achieve this. This comprehensive guide seeks to provide you with all the necessary information on this topic. 1. Preliminary Steps You can … Read more
Navigating Through Bankruptcy while on Long-Term Disability Canadians suffering from ongoing health issues often find it challenging to maintain a steady income, leading to financial stress and debt accumulation. This article explores the question: “Can I File for Bankruptcy While on Long-Term Disability?” We’ll delve into what happens if you don’t repay your debts, the … Read more
Filing Bankruptcy or a Consumer Proposal on a Disability Income Living on a disability income due to long-term injury or illness can be financially challenging. The constant worry of debt piling up can be nerve-wracking and often leads to the question: Can I File for Bankruptcy or a Consumer Proposal if I am on a … Read more
Filing Bankruptcy & Keeping My Truck Filing for bankruptcy is a significant financial decision with far-reaching implications. One of the concerns that often arises is the fate of vital assets such as a truck. If you’re asking, “Can I Keep My Truck if I File for Bankruptcy?”, this extensive guide aims to provide clarity. Understanding … Read more
Getting OSAP As a Bankrupt In the journey to financial solvency, there are several paths one may take. Filing for bankruptcy or initiating a consumer proposal, are often the last options for many. However, these decisions come with their own set of considerations, particularly for those intending to further their education. This article provides a … Read more
The Impact of Bankruptcy on Your Employment: Debunking Myths The term ‘bankruptcy’ often evokes fear and concern, particularly about its potential impact on job security. One common question that arises is: Can I get fired for filing bankruptcy? The answer is more nuanced than a simple yes or no. Let’s delve deeper. Introduction: Bankruptcy and … Read more
Can I Obtain a Student Loan During Bankruptcy? In certain unique situations, it’s feasible to procure a student loan while undergoing bankruptcy proceedings. This article provides an in-depth analysis of this proposition and presents a comprehensive guide to navigate through such scenarios. Understanding Bankruptcy Bankruptcy is a legal process where individuals or businesses unable … Read more
Getting Approved For a Car Loan Following a Bankruptcy Discharge: A Comprehensive Guide It’s a common misconception that filing for bankruptcy is a financial death knell. While it does carry significant ramifications, it isn’t a ‘financial life’ sentence. One query that frequently comes up is, “Can I get a car loan after bankruptcy?”. The short … Read more
Understanding Consumer Proposals and its Impact on Credit When facing overwhelming debt, a consumer proposal often comes across as a viable alternative to bankruptcy. This legal agreement, crafted by a Licensed Insolvency Trustee, allows you to pay back creditors a portion of what you owe without any interest. However, a question that often arises is: … Read more
Filing Bankruptcy & Joint Mortgage Debt Filing for bankruptcy is a complex decision, and it’s even more complicated when a joint mortgage is involved. This article aims to shed light on the various aspects of this topic, helping you navigate the complex world of bankruptcy and joint mortgages. 1. Understanding Bankruptcy Bankruptcy is a … Read more
Filing for Bankruptcy in Canada While Living Overseas: A Comprehensive Guide Living abroad can be an exciting adventure, but it does not necessarily erase the financial obligations one has back home. If you’re a Canadian resident who moved overseas and are wondering, “Can I file a bankruptcy in Canada if I live abroad?”, this article … Read more
Leaving Canada While Bankrupt: A Comprehensive Guide Bankruptcy is a complex legal process that can be daunting, especially if you are planning to leave the country. This guide provides an in-depth look at the implications and requirements of filing for bankruptcy and leaving Canada. Overview Bankruptcy in Canada is governed by the Bankruptcy and Insolvency … Read more
Filing for Bankruptcy When Unemployed: A Comprehensive Guide The question, “Can I file for bankruptcy if I am unemployed?” has become increasingly common, especially amidst the financial strain brought upon by the global pandemic. Many have found themselves jobless, relying solely on unemployment benefits for survival. In such instances, declaring bankruptcy can provide a much-needed … Read more
Being A Director of a Company Following Your Bankruptcy Discharge Bankruptcy can be an arduous process, filled with uncertainties, particularly when it comes to your future prospects. One query that often surfaces is: Can I Be A Director After My Bankruptcy Is Finished? This article aims to address this concern with comprehensive insights. Introduction Bankruptcy … Read more
Will Filing A Consumer Proposal Prevent Me From Being a Director, Executor or Be Bonded? In the realm of debt solutions, a consumer proposal stands out as an attractive alternative to bankruptcy. One of the many reasons is the freedom to retain positions of trust while effectively managing your financial obligations. In this article, we’ll … Read more
Can I Claim Bankruptcy Without Affecting My Spouse? In the world of financial distress, one question often arises – Can I claim bankruptcy without my spouse? In this article, we’ll explore this query in depth, investigating the implications of personal bankruptcy on your spouse, the potential issues it might cause, and how to protect your … Read more
Claiming Bankruptcy: Is it Possible For Me? Understanding the process of bankruptcy and its implications can be overwhelming. This guide aims to provide a thorough insight into the question – Can I Claim Bankruptcy – and help you make an informed decision. 1. Introduction to Bankruptcy Bankruptcy is a legal procedure that allows individuals or … Read more
