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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 […]
A Recent Ontario Court Decision Every Business Owner Should Know About As a Licensed Insolvency Trustee practicing in the Greater Toronto Area, I’ve guided many businesses through difficult financial times. Today, I want to share an important recent court decision showing the legal development of how companies handle creditor payments when facing money troubles. What […]
if you file for bankruptcy what happens If You File For Bankruptcy What Happens? Introduction Imagine waking up one day, dreading opening your mail because every letter screams ‘DEBT.’ That is the reality for many people. I never dreamt I’d end up contemplating bankruptcy, but sometimes life takes unexpected turns. This Brandon’s Blog answers the […]