Two common questions I get asked when I meet with clients is, "Will my credit rating will be ruined if I file for bankruptcy?" and "Will I be able to get credit again if I file bankruptcy?"
Consumers get into financial trouble for a variety of reasons, none of which will exclude them from filing a bankruptcy and subsequently obtaining a discharge.
A common question I get asked is "will I lose my house if I file bankruptcy?" It's a common questions because there is a misconception when it comes to bankruptcy that if you file, you will lose everything you own.
Consumer proposals are the most commonly used form of proposal to resolve debts when you have the ability to pay a meaningful portion of your debts in a reasonable period of time.
For many people, retiring involves getting accustomed to living on a reduced income. And, for those who carry debt into their retirement years, this decrease in revenue can be an issue. Here’s how to tackle debt once you’ve stopped working.
At some point in your lifetime, you may have to deal with a financial emergency resulting from an unexpected expense or a drop in income. Illness, injury, a layoff, home and car repairs, or vet bills can strike at any time.
Often one of the hardest parts about bankruptcy is dealing with the inaccurate myths. Often, what people hear about the bankruptcy process are simply not true.