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Archive for the Filed for Bankruptcy Category

So, You Filed for Personal Bankruptcy in Canada – Now What?

So, You Filed for Personal Bankruptcy in Canada – Now What?

If you’ve filed for personal bankruptcy in Canada, you’re not alone. Thousands of Canadians have done the same. In 2016, 66,256 personal bankruptcies were declared in Canada. Of those, about 25,000 were filed in Quebec and roughly 17,500 in Ontario. In addition, 63,471 consumer proposals were received…

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What to Do About Your Vehicle When Considering Filing for Bankruptcy

What to Do About Your Vehicle When Considering Filing for Bankruptcy

When financial turmoil strikes, and you’re considering filing for bankruptcy, the question of what to do about your vehicle is one of the biggest sources of confusion. While the decision rests on a number of different factors, as well as your financial abilities, we are hoping that…

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So, You’ve Filed for Bankruptcy… Now What?

So, You’ve Filed for Bankruptcy… Now What?

So, you bit the bullet. You realized you were in too deep with your debt and decided to file for bankruptcy to get a fresh start. That’s great, but maybe now you’re thinking what’s next? What steps can you take going forward to mitigate the impacts of…

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Will I Lose My Car in Bankruptcy?

Will I Lose My Car in Bankruptcy?

Often, when finances become strained to the point of no return, bankruptcy is a viable option to help relieve stress and clear up a mountain of debt. That being said, bankruptcy requires careful consideration and asking some important questions is critical. One such question is ‘will I…

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If I File a Bankruptcy, Will I Lose my Home?

If I File a Bankruptcy, Will I Lose my Home?

Canadian consumer debt has climbed in the past decade, and as a result, thousands of Canadians are realizing that bankruptcy is a very valuable resource with regard to paying off debt. That being said, many are still concerned when it comes to their assets and wonder ‘if…

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Celebrities Who Have Filed for Bankruptcy

Celebrities Who Have Filed for Bankruptcy

Sometimes we forget that, even though many celebs have more money that we could ever hope to dream about, they too have to sometimes deal with money troubles. This week, we bring you the top celebrity bankruptcies.   50 Cent Tony Braxton – not once, but twice!…

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