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Corporate bankruptcy: An overview Corporate bankruptcy is a legal process by which businesses can reorganize their financial affairs or liquidate their assets. Although bankruptcy can be complicated and stressful, it can provide businesses with a fresh start. When it does happen, the corporate bankruptcy process can be complicated. Insolvency can take a toll on your […]
Personal bankruptcy Canada FAQ: Introduction Last week I provided you with my infographic, video and blog to give you information on the Canadian corporate bankruptcy Canada process. I focussed on how an incorporated business files for a voluntary bankruptcy in Canada. This week, I want to describe how an individual files for voluntary bankruptcy. I […]
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BANKRUPTCY FAQ CANADA
Bankruptcy FAQ Canada has been compiled from the questions most asked of us by people facing financial challenges. If you’re like many Canadians who are struggling to pay the bills, living paycheque to paycheque and can’t even fathom a way out of this trouble, you need help from a professional, federally licensed trustee. Ira Smith Trustee & Receiver […]
Bankruptcy services and FAQ information Bankruptcy is a last resort for Canadian individuals, entrepreneurs and companies looking for a debt solution. However, bankruptcy services are just one of the available options we canvass with you to provide the opportunity to rebuild your financial affairs and your life. I help people and senior company management understand […]
Introduction I am often asked general questions about the Bankruptcy and Insolvency Act Canada. Sometimes it is about the application of a certain section or topic. Other times, it is a simple question such as where can I find a copy that I can look at? The purpose of this Brandon’s Blog is to list […]
Consumer proposal faqs We have made this video to answer the Consumer Proposal FAQs that we are normally asked. This information will hopefully help you understand better how it can help you clear your debts and AVOID bankruptcy. Our related blogs and vlogs In addition to this video, you can also check out other blogs […]
Bankruptcy Canada FAQ could change your life, but only if you took positive action after reading it. Can the Better Business Bureau (BBB) change your life? Definitely. We all think that the BBB could only change your life in a positive way. However the BBB could also change your life if it helped one […]
bankruptcy and business Bankruptcy and Business: Introduction As a licensed insolvency trustee, (previously referred to as a trustee in bankruptcy), my role involves assisting individuals and businesses in managing the complexities associated with entrepreneurship. The conclusion of a business often occurs without fanfare; it is not typically marked by formal announcements or celebratory farewells but […]
what does bankruptcy protection mean What does bankruptcy protection mean? Canada’s Bankruptcy & Insolvency Act What does bankruptcy protection mean? Bankruptcy protection is a legal status granted to individuals or businesses under Canada’s Bankruptcy and Insolvency Act (BIA). This protection shields debtors from creditor actions while working towards a fresh financial start, whether through bankruptcy […]