How do I know which debt reduction option is best for me?
Speak to an accredited, non-profit credit counsellor—it’s free, confidential, and [...]
Can you keep your house in bankruptcy in Canada?
The short answer is yes, but the real question is [...]
What assets are protected in Canada?
Assets such as a house, car, and certain investments such [...]
Does bankruptcy affect my spouse or children?
Bankruptcy will not affect your spouse or children unless they [...]
Will debt collectors still call me?
Once informed of your bankruptcy, debt collectors should not continue [...]
What debts are NOT included in bankruptcy?
Secured debt (unless surrendered) Student loans less than 7 years [...]
What debts are included in bankruptcy?
Credit card debt Personal/installment loans Unsecured lines of credit Payday [...]
Will bankruptcy ruin my credit forever?
Bankruptcy does not ruin your credit rating forever, but it [...]
What does bankruptcy cost?
A basic, fees-only bankruptcy will cost $1800 for a 9-month [...]
How long does bankruptcy last?
First-time bankruptcies last 9 or 21 months depending on income, [...]