Does bankruptcy clear debt in Canada?
Bankruptcy eliminates most unsecured debts, but certain debts, such as student loans (less than seven years old), [...]
Bankruptcy eliminates most unsecured debts, but certain debts, such as student loans (less than seven years old), [...]
There is no fixed time limit. A bank account remains frozen until the issue is resolved, such [...]
Unsecured creditors are immediately stopped from pursuing you for collection of your debts. The non-exempt value of [...]
No, individuals filing for bankruptcy must cover administrative costs, which include trustee fees. If you cannot afford [...]
A first-time bankrupt in Ontario is eligible for an automatic discharge in nine months if their income [...]
If the equity in your car is below the provincial exemption limit, you can keep it. If [...]
When you file for bankruptcy, your creditors are stayed from pursuing you for collection. Your assets vest [...]
Yes, but they must first obtain a Court judgment before they can issue a garnishment order to [...]
The statute of limitations for most debts in Ontario is two years from the last payment or [...]
The CRA can keep your bank account frozen indefinitely until the tax debt is paid or a [...]