Monthly Archives: June 2015

Need To File Bankruptcy Quickly? How Fast Can It Be Filed?

 29 Jun 2015
emergency bankruptcy garnishment

You may find yourself needing the legal protection that a bankruptcy provides if a creditor is taking legal action against you.  Odds are, you want this to happen quickly to stop the creditor from pursuing you further. One key benefit to filing a personal bankruptcy (or consumer proposal) is that…

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Filing Bankruptcy Twice Costs More

 15 Jun 2015
cost second bankruptcy

Filing bankruptcy for a second time is not only longer, but it’s also more expensive.  This is especially true for individuals with surplus income, a threshold set by the government for the amount of income necessary for each household to maintain an acceptable standard of living.  For those that earn above…

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Personal Bankruptcy vs Joint Bankruptcy. Which Should You Choose?

 01 Jun 2015

It is important to understand that if you file for personal bankruptcy it does not mean that your spouse has to declare bankruptcy as well. However if both spouses owe significant debts, either individually or together, it may be necessary for each spouse to consider bankruptcy as a way to…

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