by debtandcreditsolutions | Dec 16, 2021 | Bankruptcy
Top 10 Causes of Bankruptcy in Canada Each year over 120,000 Canadians file for bankruptcy or a consumer proposal. Although you may feel like you are alone when you are experiencing financial problems, you are not. There are many other people going through similar...
by debtandcreditsolutions | Dec 16, 2021 | Bankruptcy, Consumer Proposals
A meeting of creditors does not automatically occur in every summary bankruptcy and consumer proposal filing in Canada. In fact, they are a relatively rare occurrence. In our practice, we see a meeting of creditors in less than 1% of...
by debtandcreditsolutions | Dec 16, 2021 | Bankruptcy
“Bankruptcy” is a word no wants to hear in regard to their financial situation. It tends to bring with it mixed feelings. Filing for bankruptcy, like most things in life, comes with both pros and cons. The good outweighs the bad for those who find themselves...
by debtandcreditsolutions | Dec 16, 2021 | Bankruptcy
Home ownership is a dream for many people. It is a common misconception that filing a bankruptcy or a consumer proposal means you will never be a homeowner. It is possible for the dream of home ownership to be a reality after filing for bankruptcy or a...