Financial BlogWhat Does it Cost to Declare Bankruptcy in Ontario, Canada?Declaring bankruptcy in Ontario, Canada comes with both costs and consequences. Before you decide to declare bankruptcy, it's important to understand what expenses you will...

Financial BlogHow Long Am I In Bankruptcy?There are a number of factors which must be taken into account when determining how long a person will be in “bankruptcy”.  In bankruptcy really refers to the time from when a person makes an assignment in...

Financial BlogWill I Lose My House?Homes are a sensitive topic when considering your options in dealing with your debts.  A number of factors must be taken into account.  We have seen situations where the possibility of losing a home, the impact on...

Financial BlogSo I'm Going Bankrupt, What Do I Get To Keep?This is a question raised in our consultations with potential bankrupts.  Individuals express concern that they will be left with nothing with which to live.  The Bankruptcy and Insolvency...

Financial BlogSo You Think You Need To Go Bankrupt?That’s the question I hear so often in my practice.  Recently, we had an individual stop in first thing in the morning, unusual, yes, many people worry about bankruptcy when they get home from work...

Financial BlogDirector's Liabilities And Your BusinessIn my recent blog, I wrote about the hidden threat of HST and the director’s liability for not remitting the tax. In my consultations with business owners one of a many hot topics we discuss is...