Blog Posts

Are you still receiving statements from creditors?

After filing bankruptcy, you should no longer receive statements from creditors. But, in some instances, you may still receive some statements. Don’t worry. If you’ve filed bankruptcy or make a consumer proposal, there is no need to worry about the statements.

August 9, 2019

Bankruptcy, Collection Agencies

Is my debt also my spouse's debt?

Your debts do not affect your spouse’s credit rating!

July 25, 2019

Consumer Proposals, Bankruptcy, Debt and Relationships

Is bankruptcy bad?

The short answer to the question “Is bankruptcy bad” is no. When a lender borrows money, they are gambling that the borrower can not only repay the debt – but also that the borrower is going to pay them a fee for doing so.

July 19, 2019

Bankruptcy

Keeping Your Vehicle

Every day at Welker & Associates, we field questions about whether or not people can keep their car when declaring bankruptcy. Terms like thresholds, equity and wholesale value get thrown around, and it can be confusing for people in an already complicated situation.

July 6, 2019

Bankruptcy, Asset Concerns

What is the best option for Your Ontario Business?

There are many important things to consider when filing bankruptcy, and whatever decision you make, you’ll have to live with both positive and negative consequences. How is Corporate Bankruptcy different than personal bankruptcy? 

May 15, 2019

Bankruptcy, Business Concerns

What Not To Do Before Bankruptcy

While most of our potential clients ask about what happens when they file bankruptcy, and what they need to do when they’re filing, many don't ask what NOT to do. The things you shouldn’t do before filing are just as important as what comes afterwards.

May 10, 2019

Bankruptcy

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