When filing for Bankruptcy, you’ll be waiting for the day you’re discharged and can begin your fresh start. But what does Bankruptcy discharge mean and how do you get discharged? Our guide covers how Bankruptcy discharge works and how to rebuild your credit score after Bankruptcy.
Find valuable information about bankruptcy in Alberta, New Brunswick, Nova Scotia and Prince Edward Island including what assets are protected, guidelines about when to declare bankruptcy and if bankruptcy is the best solution for you.
Vehicle repossession can be a way to clear your debts, but you won’t always lose your car when filing for Bankruptcy. Our guide covers how vehicle possession works when you declare Bankruptcy in Alberta and how a Licensed Insolvency Trustee can support you through the process.
If you have recently lost your job and you’re struggling with how to pay off your debts, you may be considering Bankruptcy. Before you make a decision, it’s important to discuss your options with a Licensed Insolvency Trustee in Alberta. Take a step towards financial wellbeing with the help of Allan Marshall & Associates today.
If you owe money to your bank in the form of credit cards, loans, a line of credit, or an overdraft account, it’s advised you open a new account at a new bank or financial institution before you file for a Consumer Proposal or Bankruptcy.
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!
What assets are protected or exempt?
Bankruptcy Asset Exemptions in Canada
Many believe that when you file for bankruptcy, you lose 'EVERYTHING'. However, this is not the case. Each province and territory in Canada has...
Is Filing for Bankruptcy the Best Debt Solution for You?
Bankruptcy gives you a clean break from debt that has overwhelmed you. It will eliminate most unsecured debts,...
Since the pandemic was declared hundreds of thousands of Canadians have lost their jobs and find themselves unable to make their basic monthly payments. Fortunately, our Canadian Government has stepped up and assisted...
While it’s common to assume you will lose all you own when you file for Bankruptcy in Alberta, this isn’t the case. We’ve put together a guide on how Alberta Bankruptcy exemptions work and how a Licensed Insolvency Trustee can guide you through the process. Find out more today from the experts at Allan Marshall & Associates Inc.
Is your credit card debt so crushing that you don’t see yourself being able to make a dent in it?
If so, you should know that the Canadian Bankruptcy...