The current state of the economy is significantly influencing Canadians, as the 40-year high inflation rate is affecting the purchasing power of many households. A study commissioned by the charity Prosper Continue Reading
Company voluntary arrangement has been around now for over twenty years and could be the solution to a business going through a tough financial situation. A company voluntary arrangement, or Continue Reading
Many people are under the impression that bankruptcy turns your entire world upside down, leaving you with a poor credit history and unable to get any credit for long periods Continue Reading
Okay, let’s begin… I wish someone would have shown me how to keep my sanity through a bankruptcy when I went through mine, because it was real tough for me. Continue Reading
The question of what exactly happens when a business files bankruptcy is something that any business owner should be aware of, since it is different than when a consumer files Continue Reading
It is usually those factors that we have little or no control over that lead many individuals towards personal bankruptcy. Because of the long term and serious ramifications of such Continue Reading
The decision to file personal bankruptcy rarely occurs in a vacuum. There are unavoidable situations and circumstances which usually snowball until financial insolvency results. For anyone with a pulse, this Continue Reading
A lot of people ask about filing bankruptcy on credit cards only. Unfortunately, people cannot do that. When filing either a Chapter 7 bankruptcy or a Chapter 13 bankruptcy, people Continue Reading
At some point in your life you will have a serious urge to file a claim for personal bankruptcy. Taking such a drastic move can be mind-boggling; however this step Continue Reading
Many of those people who decided to declare bankruptcy felt that they had no way out of their debt. It has become overwhelming and seemed hopeless. While there might have Continue Reading
