Tag: Bankruptcy
We resolve. You restart.
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
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
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
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
Is Debt Consolidation A Good Solution?
A typical case: Like many consumers, you’ve taken on a few debts that you’re paying off in monthly instalments on
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