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Do I Qualify for Personal Bankruptcy?

Jun 10, 2024
If you’re struggling with debt you may consider whether declaring bankruptcy is a solution to help you get a financial fresh start. Read on to learn how to qualify for personal bankruptcy in BC, and get information about the number one alternative to...Read more

What Assets Can I Keep if I Declare Bankruptcy?

Dec 18, 2023
Are you struggling with unmanageable debt but worried about giving up your vehicle, RRSPs, or other assets if you declare bankruptcy? Fortunately, there are laws in place in Canada that allow you to get debt forgiveness and protection from your creditors,...Read more

Is Personal Bankruptcy Right for Me?

Aug 22, 2022
If you’re struggling to manage and pay off your debts personal bankruptcy may be a formal debt forgiveness solution worth exploring. Read on to learn about the often-misunderstood personal bankruptcy process and information to help you decide whether filing...Read more

Can I Declare Bankruptcy More Than Once?

May 13, 2022
Being in a situation where you’re having trouble paying your debt can be incredibly overwhelming, and if you’ve gone through personal bankruptcy before to resolve a past debt problem you may be struggling with additional feelings of frustration or even...Read more

Advantages of Consumer Proposals Over Bankruptcy

Sep 24, 2020
Looking for a debt solution to help you regain control of your finances and clear debt? Read on to learn about Canada’s options for consumer debt relief, and why individuals should consider filing a Consumer Proposal to consolidate and cut debt instead of...Read more

Credit Cards: Before, During and After Bankruptcy

Jul 20, 2020
As Licensed Insolvency Trustees, every day we help people achieve a financial fresh start free from the burden of debt. Although there are many types of debts that Licensed Insolvency Trustees can help individuals and businesses resolve, one of the most...Read more

My Spouse is Filing for Bankruptcy – Now What?

Jan 10, 2020
As Licensed Insolvency Trustees (formerly known as Trustees in Bankruptcy) we often receive questions from the spouse or common-law partner of someone who is considering filing for bankruptcy. Along with wanting to be supportive of their partner’s financial...Read more

Bankruptcy Success Story: Meet Suzanne

Nov 12, 2019
Meet Suzanne - she lives in BC’s lower mainland, owns her own home and vehicle, has a career as a self-employed financial advisor that she loves and describes herself as being financially stable. Suzanne’s journey to success hasn’t been smooth or easy,...Read more

How Does a Licensed Insolvency Trustee Get Paid?

Sep 11, 2019
If you’ve been considering debt management solutions, you’ve likely discovered that there are several options available. You may also have learned that in Canada only one type of debt help professional is legally empowered and endorsed by the federal...Read more

How Bankruptcy Protects Your Assets

Sep 11, 2019
Many people facing a serious debt problem avoid considering bankruptcy as a solution because they believe filing bankruptcy will cause them to lose their personal assets or put their income at risk. Contrary to popular belief, the truth is that filing a...Read more
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