Blog Posts

Consumer Proposal and Tax Debt

If you have tax debt and can’t afford to pay it, one option for dealing with this debt is to file a consumer proposal. Some advantages of filing a consumer proposal are:

March 18, 2015

Consumer Proposals, Government Debt

Personal Bankruptcy And Tax Returns

There are two tax returns required with personal bankruptcy.

February 9, 2015

Bankruptcy, Government Debt

Why does the trustee file pre-bankruptcy income tax?

Filing personal bankruptcy deals with all debts which were incurred prior to filing.

January 4, 2015

Bankruptcy, Government Debt

Can I make a lump sum payment on my Ontario student loans?

MARCUS ASKED: Is it possible to make one-time payments to your Ontario Student Loan debt, without having to start paying monthly?

July 29, 2014

Government Debt

Personal Debt In Canada Is Not The Same As In The USA

Personal debt issues are a common concern touching people everywhere.

June 10, 2014

Consumer Proposals, Bankruptcy, Debt and Relationships, Government Debt

Filing Personal Bankruptcy And Your Student Loans

What happens to student loans when you file for personal bankruptcy? Student loan debts will be eliminated provided that you have ceased being a full or part-time student for a minimum of 7 years, as at the date of filing.

April 9, 2014

Bankruptcy, Government Debt

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