Articles
What happens when you declare bankruptcy?
Want to know what happens when you declare bankruptcy? I'm often asked if declaring bankruptcy is anything like one of the most beloved scenes of the television show, “The Office”. The scene features one of the main characters getting advice from a well-intentioned,...
Does a Bankruptcy Matter if I want to file a Consumer Proposal?
I want to file a consumer proposal, but my Trustee keeps talking about what happens in a bankruptcy? Does a bankruptcy matter if I want to file a Proposal? Why? We get this question all the time. ALL the time. If you aren't sure why a bankruptcy matters if you want to...
Don’t qualify for a consolidation loan?
Been declined for a consolidation loan? Want to pay something on your debts, but can’t afford what the creditors are asking for? Talk to a Licensed Insolvency Trustee today about using a Consumer Proposal to consolidate your unsecured debts into one manageable payment, without worrying about the logistics of trying to pay them all yourself
Learn about Debt Advice and Consolidation Solutions
Learn about the different options for dealing with debt.
Debt Defined
Definition of debt It only makes sense that to get debt help, you need to know how debt is defined. Traditionally, a debt definition includes the concept of decreasing obligations, whether financially or otherwise. According to Dictionary.com, debt is something,...
Help with a Debt Consolidation loan?
Considering a consolidation loan to manage debt? Make sure you know all your options by talking to a Licensed Insolvency Trustee.
Bankruptcy in Canada
How does bankruptcy in Canada work?
Need to apply for Debt Consolidation, Credit Counselling, or see a Bankruptcy Trustee in Yellowknife?
Bankruptcy, Debt Consolidation and Credit Counselling Considering bankruptcy? What about debt consolidation or credit counselling? Are either of those good options to deal with debt? A Licensed Insolvency Trustee (LIT) – formerly known as a Bankruptcy Trustee – can...
Have to keep your car, but need to file Personal Bankruptcy?
Concerned about your assets if you declare bankruptcy in Canada?
Sweet! It’s Friday!
During times of financial difficulty it is important to remain connected to family. When creating your budget be sure to leave room for family activities.
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