Records and document required to file bankruptcy.

What Happens to My Debts when I File for Bankruptcy in Canada?

What Happens to My Debts when I File for Bankruptcy in Canada? Many people considering bankruptcy wonder what will happen to their debts when they do go bankrupt. The answer to what happens to your debts when you file for bankruptcy can be complicated. While

Secured Debts in Bankruptcy in Canada

Secured Debts in Bankruptcy in Canada Key Questions to Consider About Secured Debts Before you Consider Bankruptcy Secured debt is a debt that is secured by a loan on an asset. Secured debt includes a mortgage on your home or a car loan on your

The Latest Canadian Insolvency Statistics – We meet them everyday

Bankruptcy - Canadian Insolvency Statistics Canada’s bankruptcy rate has risen over the last five years as set out below: Bankruptcies and Proposals: 2012-2016 2012 2013 2014 2015 2016 Cons. Bank. 71,495 69,224 64,839 63,406 63,372  Bus. Bank. 3,236 3,187 3,116 3,089 2,884 Proposals 48,020

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