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Why do Jack Johnson and other athletes file for bankruptcy?

Jack Johnson, a professional hockey player who earned nearly US $20M in his career, just filed for bankruptcy. Johnson’s situation is
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How to avoid having your hydro disconnected

If you are behind on your hydro bills, you could get disconnected soon. Note: This post was updated on February
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The Impacts of La courte échelle and Jacob’s Bankruptcies

This time, it is official! La courte échelle and Boutique Jacob Inc. are bankrupt. These two flagships of the Québec
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Divorce: A Leading Cause of Bankruptcy

The divorce leads many Canadians to declare bankruptcy. This phenomenon is rather disturbing, given the fact that divorce forecasts show
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Job losses and over-indebtedness

A job loss is a direct over-indebtedness factor. On the one hand, when someone loses his job, he has less
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During retirement, more boomers and elders are forced to file for bankruptcy

No one wants to be forced to file for bankruptcy. Especially if one is at the dawn of retirement, or
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Watch out for overly attractive offers to get rid of your debts

Every debtor’s situation is unique – and the same goes for the solution. That’s why any self-respecting debt professional would
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Women’s fashion retailer Jacob is not bankrupt

Contrary to what some media have reported, women’s fashion retailer Jacob is not bankrupt. Rather, the company has filed a
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