Personal Bankruptcy Canada
Facts, Alternatives & Options
No one wants to declare bankruptcy. Find out what other options you have. Get more information before making such a serious decision.
Bankruptcy in Canada – Bankruptcy can be the only thing that comes to mind when you realize that you can’t afford to pay your debts and bills. It might be a good solution for your debt problems. But before filing bankruptcy, you need to know more about your options, how the process works and what it could mean for you and your family in the future. We can help you avoid a possible mistake by showing you your other options first.
Alternatives to Bankruptcy in Canada
By now, you’re likely wondering what alternatives to bankruptcy really exist. There are quite a few, and combining them might also be a solution. Depending on your situation, 4 options that might work for you are: consolidation loans, debt repayment programs, debt settlement options or a consumer proposal.
Options for Bankruptcy
Here are 6 times when filing bankruptcy might not be right for you. Know what to expect.
There are many misconceptions about what bankruptcy is and isn’t. Here are 7 myths explained.
What is the OSB?
The Office of the Superintendent of Bankruptcy regulates insolvency in Canada. Learn more.