Debts
I get it. Just Googling “Consumer Proposal vs. Bankruptcy” can be a painful experience. But sometimes you just don’t have a choice, even when you did everything right. If you’re buckling under the weight of crushing debt, these solutions can help you breathe again. But most people don’t understand the differences between them. One allows […]
Filing for bankruptcy is a tough and stressful decision to make, but it may be the only way for you to get rid of a difficult financial situation, especially if alternatives to bankruptcy are not an option for you. If this scenario applies to your current financial situation in Canada and you are wondering whether […]
Do you feel overwhelmed by your financial situation? Are you burdened by debts that seem insurmountable? Based on these bankruptcy statistics, you are not alone. In January 2023, 305 Nova Scotians found themselves turning to bankruptcy to regain control of their finances. In this article, we will guide you through the process of filing for […]
Declaring bankruptcy can be a last resort for those unable to pay their debts. This legal process provides much-needed relief, offering an escape from the heavy debt burden. While it can help you to start with a clean sheet, there are consequences associated with it. And the more you use this method, the more severe […]
No one ever dreams of having to file for bankruptcy. This decision can weigh heavily on your financial and emotional life. Nonetheless, sometimes it presents the only viable step to regain your footing and work towards a more stable economic future. If you believe bankruptcy may be your best option, fear not. This comprehensive guide […]
Do you feel overwhelmed and hopeless about your financial difficulties? Perhaps you consider bankruptcy as your only way out. Before you make any hasty decisions, let’s explore all your options. Bankruptcy should be your last resort, as it can have significant long-term consequences on your future finances. In this article, we will delve into the […]
Declaring bankruptcy in Alberta is a straightforward legal process countless Albertans navigate each year. For many people, declaring bankruptcy serves as the best option to handle debt and interest costs they could never pay. The individual circumstances that lead to these financial challenges are unique. Often, they arise from compounding factors over time rather than […]
Filing for bankruptcy can give you a fresh start if you’re struggling financially. But it will negatively affect your credit score and make it difficult to get approved for a mortgage since you will be seen as a risky borrower by lenders. Fear not, getting a mortgage after bankruptcy can be done with the right […]