Car Loans after Bankruptcy
While bankruptcy used to mean that you were financially ruined, in today’s economy and with unemployment being so low banks and lenders understand that sometimes choosing bankruptcy is the best thing to do. Finding a lender that is willing to approve you for a car loan after filing for bankruptcy… Read More
Repairing your Credit after Bankruptcy
Not having enough income to meet personal bills and living expenses is extremely troubling in this economy. Adults who have never faced the possibility of not having anywhere to live or losing their transportation are difficult to talk to regarding financial troubles. Most people do not have wealthy family members… Read More
What can I keep if I go bankrupt in Canada?
When debt starts to overwhelm your life, you may feel compelled to file bankruptcy. While it is a complex choice for any Canadian, sometimes it’s the right thing to do. That’s why the opportunity is in place for those who need it most. The good news is that it’s possible… Read More
When is it the right time to declare bankruptcy?
When it comes to filing bankruptcy as Canadians, many just don’t do it. Though bankruptcy has the ability to provide long-term financial relief, it also comes with a very negative stigma attached to it, and one that can last for the rest of the individual’s life. According to the Office… Read More
Surprise Bankruptcy
Surprise! You’re Bankrupt! Why a Perfect Credit Score May Still Lead to Sudden Bankruptcy Imagine you have no credit card debt. You are frugal, budget to a tee, contribute to your RRSP regularly, and you’ve even managed to save a sizeable down payment for a home. It would be of… Read More
Bankruptcy Myths Debunked
The Canadian (and worldwide) economy has not been in top shape for quite a few years now. Many individuals and families are struggling financially, and trying to figure out what their options are. For some people with financial problems, declaring bankruptcy is the best way to deal with those… Read More