Blog Posts

RRSPs And Creditors

With the February 29th RRSP deadline looming, people who are struggling with debt may be curious about how their RRSP contributions may be affected if they were to file bankruptcy.

February 15, 2016

Bankruptcy, Asset Concerns

Will I lose my house if I go bankrupt?

People have many concerns when they come into my office, but a few concerns seem to come up more often than not. One concern that is in the forefront of many minds is the fear of losing their home.

February 9, 2016

Bankruptcy, Asset Concerns

Can I "redo" my mortgage if I file for personal bankruptcy?

Can I redo my mortgage if I file for personal bankruptcy? This is a question I get asked on a regular basis, so it's one that I like to revisit every once in a while. 

December 29, 2015

Bankruptcy, Asset Concerns

Assets That Can Be Kept In A Bankruptcy

You are permitted to keep some assets in a bankruptcy. These exemptions are set by various federal and provincial laws. For personal bankruptcy in Ontario, the following assets are exempt:

June 22, 2015

Bankruptcy, Asset Concerns

Should I pay off my credit cards or pay down my mortgage?

I was recently asked by a friend if it was better for them to pay down their mortgage or pay off their credit cards. I answered him with a question of my own. I asked him if he was given the option of the following two investments which would he choose?

February 21, 2015

Consumer Proposals, Asset Concerns, Money Management

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