Blog Posts

Can personal loans from friends be included in a personal bankruptcy?

JOE ASKED: I have personal loans with two different friends that alone equal $15,000. Can these loans be eliminated with personal bankruptcy? Can I keep my mortgage?

September 30, 2014

Bankruptcy, Asset Concerns

Myths About Bankruptcy

Many people wait too long to get the debt help they need.

August 7, 2014

Bankruptcy, Asset Concerns

Why is it a good idea to consider filing a consumer proposal if you own your home?

If you file personal bankruptcy any equity that you have in your home becomes property of your bankrupt estate.

June 25, 2014

Consumer Proposals, Asset Concerns

How long will it take to pay off your credit card debt?

Make sure you have a plan to pay off your credit card debt.

May 30, 2014

Asset Concerns, Money Management

What Happens When You Go Bankrupt

Once you file for bankruptcy, all creditor action stops.

April 24, 2014

Bankruptcy, Asset Concerns, Collection Agencies, Wage Garnishment