Blog Posts

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

Don't Wait To Get Help

The biggest mistake most people that have personal debt problems make is that they wait too long to get the help they need.

April 1, 2014

Consumer Proposals, Bankruptcy, Asset Concerns

Is it possible to pay off debt without affecting your credit rating and touching RRSP money?

CHRIS ASKED: How can I pay off my debt without damaging my good credit or touching the little RRSP I have? ANSWER: The only way to deal with your debt and maintain a good credit rating is to pay your creditors directly, in full, with interest.

March 28, 2014

Consumer Proposals, Bankruptcy, Asset Concerns, Rebuilding Credit

Worried that you'll lose your car loan by taking debt action?

JOE ASKED: I am struggling with a lot of debt, but if I take action, will I lose my car loan?

March 23, 2014

Consumer Proposals, Bankruptcy, Asset Concerns

Will you lose your leased vehicle if you claim bankruptcy?

JILL ASKED: I have a lease-to-own vehicle and I'm a year+ into a 5-year lease. I need my car for work. If I claim bankruptcy, can I keep the car?

March 6, 2014

Bankruptcy, Asset Concerns