Are Licensed Insolvency Trustee and Bankruptcy Trustee the same?
The uncontrollable personal debt problems are always a trap for Canadians. In certain circumstances, bankruptcy might be the only option to recover from your debt problems and start your financial life afresh. But when proceeding with bankruptcy, you need the support...
Is there a limit to how many times a person can file for bankruptcy?
Have you ever wondered how many times an individual can file for bankruptcy? You may have already filed for bankruptcy once before and can find yourself in a situation where you face overwhelming debt again. So, can you file for bankruptcy a second time? What are the...
Rebuilding your Credit Score After Bankruptcy
Bankruptcy gives you the comfort of a pure financial slate and the worry that you will never achieve decent credit again. Although bankruptcy stays on your credit reports for up to 10 years, its impact on your score fades with time. Do not worry! It seems your credit...
Is anyone going to know that I filed for bankruptcy in Canada?
There is no single cause behind most bankruptcies in Canada. Instead, most people end up filing for bankruptcy due to a mixture of reasons, many of which are beyond the control of the bankrupt individual. However, people who file for bankruptcy are often embarrassed...
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