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
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
Who are Licensed Insolvency Trustees working for?
Being a Licensed Insolvency Trustee (LIT), I am sometimes confronted with this question. Sometimes, I even have to demystify the
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
Teaching Children the Value of Money
Generation Y, better known as millennials, are currently between the ages of 18 and 37 and have more debt than
Getting back your Wages even when your Employer Files for Bankruptcy
If your employer files for bankruptcy, you will not automatically loose the wages he owes you. You will however have
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
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
Bankruptcy, Credit Cards and Fraud
Is it a good idea for someone to spend profusely in order to reach his credit card limit before filing
I have too much debt – What can I do?
The facts speak for themselves – Canadian households have been getting deeper into debt in recent years, as widely reported
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