Bankruptcy Basics Explained

May 14, 2019
The 12-month period ending December 31 2018 saw over 10,000 BC consumers turn to insolvency legislation for debt relief. Over 4,000 of those people filed personal bankruptcy, and debt industry experts are predicting that annual filings will rise over the next...Read more

How Bankruptcy Protects Your Assets

Jan 14, 2019
Think bankruptcy puts your assets at risk? Filing a bankruptcy in Canada actually provides protection for assets and income. Learn more about how bankruptcy protects your assets.  When a person is unable to pay their debts, this will often set off...Read more

Life After Bankruptcy – What You Need to Know

Dec 3, 2018
Whether you are considering filing bankruptcy, already underway with filing, or just finishing bankruptcy - we know you have questions about “life after bankruptcy”. We’ve outlined information about what happens once bankruptcy is over, and some tips...Read more

What Happens if you Declare Bankruptcy

Oct 9, 2018
Contrary to the fears many people have, the process of filing bankruptcy in BC is actually quite straightforward. Between 600 and 1,000 individuals in BC each and every month opt to restructure their finances by filing for bankruptcy or making a Consumer...Read more

Can you Keep your House if you File Bankruptcy?

Sep 10, 2018
Many homeowners struggling with their debts worry what will happen to their house if they claim bankruptcy. The good news is that filing a bankruptcy does not mean that you will automatically lose your home. Let’s review some of the key facts about...Read more

Dealing with Business Debts in BC

Jul 16, 2018
Whether you are a sole proprietor or running a corporation, being self-employed can be financially demanding. As Licensed Insolvency Trustees, Sands & Associates are debt management professionals that can help when your business is in financial...Read more

How Can I Find Out if I Qualify for Bankruptcy?

Jun 25, 2018
BC’s largest firm of consumer and small business focused Licensed Insolvency Trustees Sands & Associates answer commonly-asked questions about debt and debt solutions. Q: How can I find out if I qualify for bankruptcy? A: In Canada, there are few...Read more

How Does Debt Management Affect Credit Ratings?

May 14, 2018
Award-winning Licensed Insolvency Trustees Sands & Associates answer commonly-asked questions about debt help in BC. Q:  How does debt management affect credit ratings? A:  There are several possible debt management options available to consumers,...Read more

Bankruptcy When Married

May 7, 2018
Debt and financial difficulties often play a leading role in relationships breaking down, and most people are unsure of how a spouse filing for personal bankruptcy may impact them. Sands & Associates are Licensed Insolvency Trustees in BC and we...Read more

How to Pay Off Student Loans in BC

Feb 26, 2018
Does it feel like you’ll never be free from student loans?  There IS hope! As Licensed Insolvency Trustees in BC, we meet with people every day who are struggling to pay off student debt.  Some are unable to find work in their chosen field, others...Read more

Bankruptcy in Canada: Four Common Myths Debunked

Nov 6, 2017
Even though there are many resources and much information available, myths and outright incorrect information about bankruptcy in Canada continue to circulate.  As Licensed Insolvency Trustees, Sands & Associates is comprised of professionals empowered...Read more

Legislated Debt Solutions for Canadians

Jul 24, 2017
If you’re a Canadian struggling with unmanageable debt there are many avenues to consider.  But did you know that there are only two options that are federally legislated to protect you from your creditors while you resolve your financial...Read more