Personal Bankruptcy Blog
what it means to be insolvent

What Does It Mean to Be Insolvent?

Whether you are Insolvent or not, does not depend on whether you haven’t missed any payments. It’s a legal definition out of the Bankruptcy and Insolvency Act. The same Canadian law that gives Licensed Insolvency Trustees, and ONLY Licensed Insolvency Trustees, the know-how and means to give you the best advice on how to deal with your financial situation. Don’t accept any substitutes!

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Is Covid debt piling up in the Maritimes 2

Is Covid Debt Piling Up in the Maritimes?

At first glance, it may seem like we fared pretty well during COVID in the Maritimes. Insolvencies took a drastic nose-dive during the mid to later part of 2020 as many Maritimers hunkered down in their homes to weather the

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