Blog Posts

Incorporated Companies and Debt

If your business is incorporated, then legally the business is a separate entity and its assets are owned by the business. In this case the incorporated company can go bankrupt if it cannot meet its financial obligations.

October 3, 2019

Business 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

Bankruptcy and self-employment

Every business is unique with its own issues and complexities. Therefore it's hard for me to give advice on bankruptcy without knowing your specific situation. We recommend that you review your situation with one of our licensed insolvency trustees.

June 24, 2018

Bankruptcy, Business Concerns

Tax Season For the Self-Employed

This year the deadlines for filing your 2017 tax return are as follows: April 30, 2018 for personal returns and June 15, 2018 for self-employed persons. Keep in mind, however, that any tax owing must still be paid by April 30, 2018.

February 15, 2018

Business Concerns

Is Corporate Bankruptcy the Best Choice for Your Ontario Business?

Filing for bankruptcy is never an easy decision. There are many important things to consider and whatever decision you make, you’ll have to live with both positive and negative consequences.

August 13, 2017

Bankruptcy, Business Concerns

Bankruptcy and Your Business

If you have concerns about your business’ finances, you should consult a Licensed Insolvency Trustee as early as possible.

July 31, 2017

Bankruptcy, Business Concerns

Government Debt and Your Company

Filing for bankruptcy is never an easy option for business owners. The decision can feel like a personal failure and may leave one unsure about the future. Bankruptcy can certainly be difficult, it can also provide relief for those struggling to keep up with debts.

March 11, 2017

Consumer Proposals, Bankruptcy, Business Concerns

Number 1 Rule Of Business

In most cases businesses fail because of poor business management.

March 18, 2014

Business Concerns

Self-employed (sole proprietorship or partnership) and considering bankruptcy?

We recognize that every business is unique with its own issues and complexities. Therefore we recommend that you review your situation with one of our licensed trustees in bankruptcy. Deciding whether or not to continue being self-employed

February 20, 2014

Consumer Proposals, Bankruptcy, Business Concerns, Government Debt

Pages