Most Recent 'Filing Bankruptcy in Canada' Posts

The answer to the question of how long does bankruptcy last will depend on several factors, including whether or not you have surplus income or not and if you are filing bankruptcy for a first, second or even third time. Your bankruptcy will end when you receive your discharge (which happens automatically in almost all […]

In order to file for bankruptcy in Canada you need to use the services of a Licensed Insolvency Trustee (LIT) who is the only debt relief expert who can help you with filing bankruptcy and is the only professional who can answer the question “Where to File For Bankruptcy.” Need Help Reviewing Your Financial Situation? […]

A Glossary of Canadian Bankruptcy Terms The Canadian Bankruptcy Dictionary is Organized by Letter: A;  B;  C;  D;  E;  F;  G;  H;  I;  J;  L;  M;  N;  O;  P;  Q;  R;  S;  T;  U;     [anchor]a[/anchor] Dictionary – A Absolute: Complete and without conditions. For example, a bankrupt, usually after nine months receives an Absolute […]

Many couples who get divorced find themselves stuck with debt after their separation or divorce. In fact, one out of seven bankrupts who claim bankruptcy in Canada list divorce or separation as at least a factor in their money problems. Divorced couples with joint debts may have become trapped in these debts for different reasons […]