Archive for June, 2007

May, 2007 Bankruptcies Rise

Friday, June 29th, 2007

The insolvency rate (consumer bankruptcies, business bankruptcies and proposals) rose by 6.4% in May, 2007 compared with the same month the previous year.

Student Loans Bill to Reduce the 10 Year Wait

Friday, June 22nd, 2007

Bill Introduced on May 29, 2007 to Change Student Loan Non-Dischargeability in a Bankruptcy from 10 Years to Two Years.

June 13, 2007 – Bankruptcy Reform Back on Track. First reading passes in the House.

Thursday, June 14th, 2007

Insolvency professionals and everyone interested in a fair and just bankruptcy system will be very upset with the proposed change to RRSPs since the change in wording governing the exemption of RRSPs opens the system up to abuse.

Bankruptcies Rise in April, 2007

Friday, June 1st, 2007

The insolvency rate (consumer bankruptcies, business bankruptcies and proposals) rose by 5.3% in April, 2007 compared with the same month the previous year.