When it feels like your debts are out of control, you might wonder if bankruptcy will solve your problems. It’s a big step and thankfully there are options to explore first.
Financial Education
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Can You File for Bankruptcy and Keep Your House?
If your home equity is above the provincial exemption maximum, you can either sell your home or ‘buy back’ the amount above the exemption.
Is Bankruptcy My Best Option? 6 Instances When Declaring Bankruptcy in Canada May Not Be Right For You
Bankruptcy might not be the best option for you. Explore six instances when alternatives to bankruptcy may be a better option.
Can I Keep My Car If I File for Bankruptcy?
What happens to your car if you file for bankruptcy? It depends on whether you have a car loan or if you own the car outright.
7 Bankruptcy Myths in Canada
Discover the 7 most common bankruptcy myths. Know what to expect when considering whether to declare bankruptcy.
Free Bankruptcy Counselling & Alternatives that Work
If you’re curious about declaring bankruptcy and want to look into free bankruptcy counselling, there are many ways to fix your financial problems. A certified Credit Counsellor is a great way to get more information and consider alternatives to bankruptcy you might not know about.
5 Reasons Why Declaring Bankruptcy May Not Be Right for You
Despite it crossing your mind when you’re in financial trouble, filing bankruptcy may not be the right solution for you.
What Is the Bankruptcy Process in Canada?
What is the bankruptcy process in Canada and is it a viable solution for your debt problems? When you’re struggling to pay off your debts and you’re inundated with collection calls and letters, easing your money worries and debt-related stress is top of mind.
Better Debt Help Options than Bankruptcy in Canada – Best, DMP
Explore better debt help options other than filing for bankruptcy in Canada with a Credit Counsellor. Best – a Debt Management Program. Call 1-888-527-8999
Is Bankruptcy Your Best Option to Solve Debt Problems
I have an employee who has a lot of debt and is getting collection calls from her creditors. She thinks that bankruptcy is her only option. Is she right, is bankruptcy her only option?…
Not sure which option is right for you?
Get answers from an expert.
With so many debt consolidation options out there, it can feel overwhelming to try and find the right one by yourself. One of our professional credit counsellors would be happy to guide you through this process by carefully reviewing your whole financial situation with you and answering any questions you have. Speaking with our certified counsellors is always free, confidential and without obligation.