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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,...

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

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,...