The Top 5 Bankruptcy Alternatives For Canadians Struggling Financially
Is crushing debt making you feel overwhelmed and hopeless? There are bankruptcy alternatives that offer a more positive path forward without the long-term impact on your credit score. Bankruptcy should be considered as a last resort. Exploring all available options is important to find the right solution for your unique situation. In this article, we […]
Consumer Proposal vs Bankruptcy: Which One Is Right For You?
I get it. Just Googling “Consumer Proposal vs. Bankruptcy” can be a painful experience. But sometimes you just don’t have a choice, even when you did everything right. If you’re buckling under the weight of crushing debt, these solutions can help you breathe again. But most people don’t understand the differences between them. One allows […]
How to Declare Bankruptcy and Keep Your Car in Canada?
Filing for bankruptcy is a tough and stressful decision to make, but it may be the only way for you to get rid of a difficult financial situation, especially if alternatives to bankruptcy are not an option for you. If this scenario applies to your current financial situation in Canada and you are wondering whether […]
How to file for bankruptcy in Nova Scotia (and Survive It)
Do you feel overwhelmed by your financial situation? Are you burdened by debts that seem insurmountable? Based on these bankruptcy statistics, you are not alone. In January 2023, 305 Nova Scotians found themselves turning to bankruptcy to regain control of their finances. In this article, we will guide you through the process of filing for […]
How Many Times Can You Declare Bankruptcy in Canada?
Declaring bankruptcy can be a last resort for those unable to pay their debts. This legal process provides much-needed relief, offering an escape from the heavy debt burden. While it can help you to start with a clean sheet, there are consequences associated with it. And the more you use this method, the more severe […]
How to File for Bankruptcy in Canada (and Survive It)
No one ever dreams of having to file for bankruptcy. This decision can weigh heavily on your financial and emotional life. Nonetheless, sometimes it presents the only viable step to regain your footing and work towards a more stable economic future. If you believe bankruptcy may be your best option, fear not. This comprehensive guide […]
Filing for Bankruptcy in Alberta: The Ultimate 2023 Guide
Declaring bankruptcy in Alberta is a straightforward legal process countless Albertans navigate each year. For many people, declaring bankruptcy serves as the best option to handle debt and interest costs they could never pay. The individual circumstances that lead to these financial challenges are unique. Often, they arise from compounding factors over time rather than […]
How Long After Bankruptcy Can I Get a Mortgage in Canada?
Filing for bankruptcy can give you a fresh start if you’re struggling financially. But it will negatively affect your credit score and make it difficult to get approved for a mortgage since you will be seen as a risky borrower by lenders. Fear not, getting a mortgage after bankruptcy can be done with the right […]