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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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Pros and Cons of Filing Bankruptcy in Canada

Pros and Cons of Filing Bankruptcy in Canada

Whether you're an individual or a business owner, one way or another, you will have some form of debt at a certain point in your life. However, when debt spirals out of control or you are no longer able to meet your financial obligations, it can quickly turn into a...

Is all debt bad debt?

There are many different types of debt available to those looking for financial options.  Not all debt is bad – debt can be used to finance acquisition of an asset, such as a car loan, or using a mortgage to purchase a home. Personal loans are becoming a popular way...

Will Bankruptcy affect my spouse?

If I file for Bankruptcy what will happen to my spouse? It is a common concern that we see, if someone files for bankruptcy that it will negatively affect their spouse.  You may be worried that they will be forced into bankruptcy as well. You may worry that your...

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Financial difficulty during Covid-19

If you find yourself having financial difficulty during this stressful time of Covid 19, you're not alone. In fact the Bank of Canada has found that household debt has risen as a result of covid. You have options You may have already done your homework and realized...