Bankruptcy

Regain Control of your Debt

November 15, 2019
Topic: Bankruptcy

It’s very challenging to regain control of debt that has spun out of control. If you have thought of contacting a Bankruptcy Trustee, you are on the right track. But due to a name change in recent years, you will actually need to contact a Licensed Insolvency Trustee (LIT)…

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Ontario Bankruptcy Exemptions – Will I Lose My House or Car?

November 12, 2019
Topic: Bankruptcy

If you are facing insolvency, you will have many questions. “Will bankruptcy make me lose my house (or car)” and “what assets are exempt from bankruptcy in Ontario?” may be at the top of your list…

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Bankruptcy Lawyer or Licensed Insolvency Trustee?

October 21, 2019
Topic: Bankruptcy

Do I Need A Bankruptcy Lawyer? We hear this question often, this is a common query. In most cases, the short answer is no. In Canada, consumer proposals and bankruptcies are administered by Licensed Insolvency Trustees (LITs), not bankruptcy lawyers…

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DO I NEED A BANKRUPTCY LAWYER?

October 7, 2019
Topic: Bankruptcy

Many Canadians that are facing insolvency start looking for solutions by searching for a “Bankruptcy Lawyer,” believing that this is the title given to professionals who are licensed to help with personal bankruptcy or formal debt settlement…

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Cost Differences between Consumer Proposals and Bankruptcies

September 9, 2019
Topic: Bankruptcy

If you’ve spent any time looking into your debt relief options, you may have noticed that no two options will amount to the same cost. If you don’t understand why there are differences in the cost of a bankruptcy versus a proposal, we’ve got you covered…