Blog Posts

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

When should you consider a consumer proposal instead of a bankruptcy?

When you make a consumer proposal, you compromise your total debt. That means that you pay a portion of your debt that you and your creditors agree upon. Therefore your payments are higher than a bankruptcy.

April 30, 2016

Consumer Proposals, Bankruptcy

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