Getting Started with Bankruptcy: A Step-by-Step Guide
There are several reasons why people discover themselves when they sense Bankruptcy is their only option. However, if someone is filing for Bankruptcy, the outcome and goal are always the same: to clear away debt they cannot pay off otherwise. Learn how to file a...
Bankruptcy types in Canada
Deciding to file for Bankruptcy is challenging for most people. It’s when you go in front of a judge and inform them you cannot pay your debts. Hence, relying on your situation, they either erase your debts or create a plan for you to pay them back. There are...
Should I open a new bank account before filling for bankruptcy in Ajax?
Before you file for Bankruptcy or a Consumer Proposal when you owe money to your bank, it is advised you should open a new bank account. Money owed to a bank can come from many sources, including unsecured debts such as credit cards, loans, or an overdraft account. It...
What to expect when filing for Insolvency in Ontario in your 40s?
In your 40s, you should build assets to help you transition into retirement. It can therefore be very frustrating when you find yourself with many debts to repay at this stage, unlike if you were in your 20s. And it is unlikely that you would be able to build wealth...
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