Blog Posts

If I am unable to pay the mortgage on my home, may I simply give it back to the bank?

A mortgage is a loan agreement which requires you to repay the loan with interest and which also gives the lender (the mortgagee) a claim on your house if you don't repay.

August 23, 2016

Consumer Proposals, Bankruptcy, Asset Concerns

Can you file bankruptcy while renting?

The majority of people who make consumer proposals or file personal bankruptcy with our office are renters. Most of those people have questions surrounding their current and future rental agreements. Here are some of the common questions we are asked:

August 7, 2016

Consumer Proposals, Bankruptcy, Asset Concerns

Consumer Proposals and TFSA and RRSP Investments

When you file a consumer proposal you are able to keep ALL of your assets.

June 30, 2016

Consumer Proposals, Asset Concerns

New Insolvency Information Product From OSB

The Office of the Superintendent of Bankruptcy (OSB) has published new information products to assist consumers in making informed decisions when seeking assistance to resolve serious financial difficulties. 

June 7, 2016

Consumer Proposals, Bankruptcy

Insolvencies Up Again According to March 2016 Statistics

The Office of the Superintendent of Bankruptcy Canada has recently released their statistics for the month of March 2016.

June 2, 2016

Consumer Proposals, Bankruptcy

Financial Recovery After Divorce

One of the leading causes of divorce in Canada is financial mismanagement. And one of the leading causes of bankruptcy is divorce.

May 13, 2016

Consumer Proposals, Bankruptcy, Money Management, Debt and Relationships

Should you switch banks if you file bankruptcy or make a consumer proposal?

We often times recommend that if you file bankruptcy or make a consumer proposal that you get a new bank account at a new bank. Why do we suggest that?

May 5, 2016

Consumer Proposals, Bankruptcy, Money Management

Pages