Category Archives: Personal Bankruptcy

Where can you find all of the bankruptcy information in Canada you need?  How can you research your options? Our expert local bankruptcy trustees have partnered together to provide comprehensive information about bankruptcy, bankruptcy alternatives and overall debt advice for our readers. If you are looking for information about bankruptcy,…

To understand bankruptcy in Canada, you need to be aware of these three key points: First, the main reason for declaring bankruptcy in Canada is to protect yourself from your creditors.  Many people mistakenly believe that you go bankrupt if you have too much debt.  That’s true, but debt alone…

What happens to a co-signer if you file bankruptcy in Canada? Here’s a common example: I get my parents, or a friend or relative to co-sign when I get a car loan (because my credit isn’t good enough to qualify on my own).  Then I lose my job and the…