It depends on your Province’s exemption limits and the amount of equity in your home. If your [...]

Yes, but a collection agency must first obtain a Court judgment against you. Once they have a [...]

If the Canada Revenue Agency (CRA) freezes your bank account due to unpaid tax debts, you will [...]

When a person passes away, their debts do not disappear. Instead, the estate is responsible for repaying [...]

Yes, an amount owing for personal income tax is an unsecured debt that can be included in [...]

You are required to attend two credit counselling sessions as part of the bankruptcy process. In the [...]

A bankruptcy only relieves the bankrupt from their responsibility to pay the debt. If anyone has guaranteed [...]

Only a Licensed Insolvency Trustee can file an assignment in bankruptcy for you. You do not need [...]

The Trustee will determine if there is any value to the secured asset over and above the [...]

The following debts survive a bankruptcy meaning you will still have to pay the creditor after your [...]