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Find a wide selection of articles and videos about credit score, declaring bankruptcy, consumer proposals, and what a Licensed Insolvency Trustee is exactly.
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Do I need to file a corporate bankruptcy, a personal bankruptcy, or both? Only a Licensed Insolvency Trustee (LIT) can tell you for sure if you need to file a corporate bankruptcy or personal or both. Recognizing how intertwined they can be, a LIT will review the...
We discuss why it is a good idea to change bank accounts when filing a bankruptcy.
Can creditors keep calling me after I’ve filed a bankruptcy (or proposal)? They said they didn’t get the papers from my Trustee, and won’t stop calling until they do! Once a proceeding has been filed with a Licensed Insolvency Trustee, which could be either a...
This is a brief explanation of why a credit report can show incorrect information and where to go to fix that information.
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,...
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...
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 the different options for dealing with debt.
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,...