Monthly Archives: April 2011

Your Trustee Files Your Bankruptcy Documents

 15 Apr 2011

Your trustee is responsible for meeting with you during your free initial consultation, preparing your paperwork, and then meeting with you to sign the documents.  Once you have signed all of the documents, the trustee will witness your signature, and then transmit the documents to the government. All bankruptcy documents in Canada…

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Signing Your Bankruptcy Documents

 15 Apr 2011

In our guide 10 Steps to Filing Bankruptcy in Canada, part of the process (steps 4 and 5) involves preparing and signing the necessary bankruptcy documents. Your trustee will prepare all the necessary bankruptcy forms from the information you provided during and just after your initial interview. You will then…

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Strategies To Reduce Your Debt On Your Own

 06 Apr 2011
reduce debt

The best alternative to filing for bankruptcy in Canada is to reduce your debt on your own. Why is that the best option, if possible? Because your credit rating will look much better if you pay your debts in full than if you file bankruptcy. How is it possible to…

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Debts – What I Owe

 05 Apr 2011

There are three essential facts you need to know before you decide to file for bankruptcy in Canada. The first is you need to know where your money goes each month (from your budget). Then you need to know what you own (your assets), and what you owe. In this…

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Assets – What You Own

 02 Apr 2011

There are three essential facts you need to know before you decide to file for bankruptcy in Canada. The first is you need to know where your money goes each month (from your budget). Then you need to know what you own, and what you owe. In this article we…

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Budget Before Bankruptcy

 01 Apr 2011
Budget before bankruptcy

Before you decide to file for bankruptcy in Canada, make a household budget. Why? Because you need to know where your money is going — it may be possible to avoid bankruptcy. A budget does not need to be complicated. If you know how to use a spreadsheet on a…

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