Debt Collectors

Handling Debt Collectors: A Comprehensive Guide Dealing with debt collectors can seem daunting, especially when they regularly call and even threaten with serious consequences. However, understanding how to manage conversations with them and knowing your rights can help alleviate some of that stress. Understanding Debt Collection Debt collection is a process where creditors try to … Read more

Dealing With Debts Of A Deceased Bankrupt

Navigating the Complexities of a Deceased Bankrupt’s Debts The loss of a loved one can be an emotionally taxing ordeal, and dealing with their financial liabilities, especially if they had filed for bankruptcy, can add to the confusion and distress. This article aims to demystify the process of Dealing With Debts Of A Deceased Bankrupt, … Read more

Credit Cards: Before, During and After Bankruptcy

Navigating Credit Card Debt: Prior to, During, and Following Bankruptcy As a Licensed Insolvency Trustee, aiding individuals and businesses in achieving financial stability is a daily affair. Quite often, the management of credit card debts becomes the focal point of concern. This article aims to guide individuals on the effective management and potential forgiveness of … Read more

Credit Report After Bankruptcy or Consumer Proposal

Understanding Your Credit Report After a Bankruptcy or Consumer Proposal Financial difficulties can lead to extreme measures such as filing for bankruptcy or a consumer proposal. The aftermath, however, might leave one wondering about the impact on their credit report. Here’s an in-depth look into your credit report after a bankruptcy or consumer proposal. Why … Read more

Credit Cards After Bankruptcy

Getting Approved For a Credit Card After Bankruptcy After going through bankruptcy or a consumer proposal, it’s entirely normal to consider applying for a new credit card. After all, a credit card could be a useful tool in rebuilding your credit score and providing a certain level of financial flexibility. However, you must approach this … Read more

Consumer Proposals, Bankruptcy and RECO

The Interplay of Consumer Proposals, Bankruptcy, and RECO: A Comprehensive Guide for Realtors The Real Estate Council of Ontario (RECO) is a regulatory body that oversees real estate professionals in Ontario. Its mission is to ensure that real estate agents operate within the confines of the Real Estate and Business Brokers Act (the “Act”). Although … Read more

Costs and Fees for Bankruptcy in Canada

Understanding the Costs of Bankruptcy & Fees For Filing Introduction to Bankruptcy in Canada Bankruptcy isn’t a topic that most people feel comfortable discussing. But, it’s an important issue that requires a detailed understanding, especially considering the potential financial implications. In Canada, the process of bankruptcy is governed by the Bankruptcy and Insolvency Act (BIA). … Read more

Claims by SGI in a Bankruptcy or Proposal

Understanding Bankruptcy Claims by Saskatchewan Government Insurance (SGI) Bankruptcy is a complex process and understanding the implications of different debts can be challenging. One of the frequently asked questions is about the treatment of claims by Saskatchewan Government Insurance (SGI) in a bankruptcy or proposal. This topic can be confusing, but it’s crucial to understand … Read more

Collection Activity After Filing Bankruptcy

Navigating Collection Activity Post-Bankruptcy: A Comprehensive Guide When Will Debt Collectors Stop Calling? The process of filing for bankruptcy or a consumer proposal can often be overwhelming. One of the primary concerns that individuals have revolves around the cessation of Collection Activity following their filing. This guide aims to provide clarity on this subject, shedding … Read more

Can’t Afford Car Payments

What To Do If You’re Struggling With Car Payments‍ Are you grappling with the reality that you can’t afford car payments anymore? Well, you are not alone. The rising cost of vehicles combined with societal pressures have led many people down the path of unmanageable car loan debts. In this piece, we will explore how … Read more

Canadian Undischarged Bankrupts

Understanding Canadian Undischarged Bankrupts: A Comprehensive Guide Bankruptcy, a term that often evokes fear and uncertainty, is a legal process designed to provide financial relief to those overwhelmed by debts. However, the path to debt freedom via bankruptcy is not always a straightforward one. Particularly in Canada, the concept of undischarged bankrupts often raises many … Read more

Can You File Bankruptcy While Renting?

Filing For Bankruptcy As a Renter When financial instability strikes, many individuals often wonder, “Can you file bankruptcy while renting?”. This question underscores a significant concern for people who are in debt but are also tenants. In this article, we will unravel the complexities of filing bankruptcy while renting and answer some of the commonly … Read more

Can You Include Your Car Loan in a Consumer Proposal?

Incorporating Your Vehicle Loan Debt in a Consumer Proposal If you’re overwhelmed by financial obligations and considering a consumer proposal as a resolution, you might be questioning, “Can you include your car loan in a consumer proposal?” Like many individuals, you may have a car loan among your total liabilities. Let’s delve deeper into this … Read more

Can the Bankruptcy Assistance Program Help Me?

Navigating Financial Struggles: A Comprehensive Guide to the Bankruptcy Assistance Program Struggling with overwhelming debt and considering filing for bankruptcy? This can be a daunting process, especially considering the financial strain that may come with it. However, there is a beacon of hope: The Bankruptcy Assistance Program (BAP). In this comprehensive guide, we will delve … Read more

Can You Buy a Vehicle When You’re in Bankruptcy?

Navigating Vehicle Acquisitions During Bankruptcy: Understanding Your Options Bankruptcy, while challenging, does not entirely limit your ability to make significant purchases like a vehicle. This article explores the question of Can you buy a vehicle when you’re in Bankruptcy? and aims to provide you with a comprehensive understanding of the rules and strategies involved. 1. … Read more

Can I Still Operate My Business If I Am Bankrupt? Exploring the Options

Operating a Business While Bankrupt: A Comprehensive Analysis 1. Introduction The question, “Can I Still Operate My Business If I Am Bankrupt?” is a common concern among business owners facing financial difficulties. This article aims to provide an in-depth exploration of this issue, offering insights into the impact of bankruptcy on different types of businesses. … Read more

Can Student Loans be Discharged in a Bankruptcy? Discharing Student Debt

Understanding the Dischargeability of Student Loans in Bankruptcy When faced with overwhelming debt, many individuals turn to bankruptcy as a last resort for financial relief. However, the question arises, “Can student loans be discharged in a Bankruptcy?” This conundrum is complex and varies depending on various factors. The Misconception Around Student Loans and Bankruptcy The … Read more

Can I Travel Overseas While I’m Bankrupt?

Traveling Overseas While an Undischarged Bankrupt‍ The question, “Can I Travel Overseas While I’m Bankrupt?”, often lingers in the minds of those grappling with bankruptcy. Let’s delve into the intricacies and discover the facts. Understanding Bankruptcy Bankruptcy can be a daunting experience, often filled with confusion and uncertainty. It’s important to understand the implications of … Read more

Can I Sue Someone For Personal Injury If I’ve Been In Bankruptcy?

Suing For Personal Injury If I’ve Been In Bankruptcy? A Comprehensive Guide Bankruptcy can leave you in a bewildering state, especially when you’ve suffered a personal injury due to someone’s negligence. You might wonder, Can I Sue Someone For Personal Injury If I’ve Been In Bankruptcy? It’s imperative to understand the legalities associated with this … Read more