If you would prefer to listen to an audio version of this divorce debt Brandon’s Blog, please scroll to the bottom of this page and click on the podcast. Divorce debt and bankruptcy introduction The topic of divorce debt and bankruptcy is always a tricky topic. There are 6 indisputable facts when it comes to […]
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Bankrupting a limited company – Introduction Last week I spoke about voluntary filing an assignment in bankruptcy for an individual. The personal bankruptcy process in Canada. This week I want to describe the process for bankrupting a limited company; the complete guide to the Canadian corporate bankruptcy process. Bankrupting a corporation – First steps So […]
If you would prefer the audio version of this Brandon’s Blog or reading subtitles, please scroll to the bottom of this page and watch the picture at the bottom. Introduction On February 5, 2020, the Toronto Star wrote about the bankruptcy of Barrymore Furniture Co. Ltd. (Barrymore) titled “Barrymore Furniture has filed for bankruptcy — […]
Introduction The purpose of this Brandon’s Blog is to explain to you the personal bankruptcy in Canada process. By doing so I hope it will be a less scary topic for you. Are you insolvent? The first step is meeting with the trustee to explore options. The first thing the licensed insolvency trustee (formerly called […]
Introduction Financial obligations of any kind of size can be stressful. Most of us have some existing debt. It is when debt is out of control that gives people problems. People with debt problems ask me for my opinion on filing bankruptcy versus debt consolidation. So, I thought I would share my thoughts with you. […]
Introduction I first want to wish all of you and your families a healthy, happy and prosperous New Year. As 2019 draws to a close, I thought it would be interesting to do some research in my 2019 Brandon’s bankruptcy blog to see which ones were the most top 10 popular this year. So, in […]
Trustees in bankruptcy Toronto Ontario introduction On April 15, 2019, a group of companies operating as QuadrigaCX (Quadriga) became bankrupt. This followed their initial application under the Companies’ Creditors Arrangement Act (CCAA) to get bankruptcy protection. The purpose of this Brandon’s Blog is to describe the latest events in this ongoing saga. Especially something trustees […]
Filing for bankruptcy in Ontario introduction We have all heard the expression “third time’s a charm” or “third time lucky”. You say this when someone is successful the third time they try something after they failed the first two times. This expression is not meant to apply to the world of Canadian insolvency or a […]
If you would prefer to hear an audio version of this undischarged bankrupt Brandon’s Blog, please scroll down to the bottom and click on the podcast Undischarged bankrupt introduction I recently read a Manitoba court decision issued in late October about the position taken by a judgment creditor in an undischarged bankrupt’s hearing. The creditor […]
Introduction On Friday, November 22, 2019, Manulife Bank published its most recent Manulife Bank Canada debt help survey. Manulife Bank publishes its survey annually. The 2019 survey, compared to previous ones, shows that two in five Canadians have given up all hope of ever being debt-free. In Brandon’s Blog, I review the main findings of […]