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.
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.
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.
Discover the 7 most common bankruptcy myths. Know what to expect when considering whether to declare bankruptcy.
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.
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 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.
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
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?…