Statistics on Who Files Bankruptcy in Canada.

Mark Carney warns that interest rates could rise sooner if the growth in household debt was not tempered.

New Family Law Act replaced BC Family Relations Act as of March 18, 2013.

Ontario Finances worse than California’s.

Charges laid in bankruptcy fraud investigation

As of July 12, 2012, the Ontario Trillium Benefit will combine three existing refundable tax credits: the Ontario Energy and Property Tax Credit (OEPTC), the Northern Ontario Energy Credit (NOEC) and the Ontario Sales Tax Credit (OSTC). Position of the Office of the Superintendent of Bankruptcy (OSB): The OSB’s position is that, the Ontario Trillium [...]

Your circumstances will dictate which is better for you; a bankruptcy or a consumer proposal. If you don’t have a lot of assets to protect or live in a province that has high asset exemptions so your assets are not subject to being seized, then a bankruptcy may be the better choice for you. A [...]

Free Smart Phone App of the Canadian Charter of Rights and Freedoms In order to help celebrate the 30th anniversary of the adoption of the Canadian Charter of Rights and Freedoms we are making our Smart Phone App available for free at the link at the bottom of this page. The Charter was adopted during [...]

Banking Ombudsman Challenges Government to give it the Power to Enforce Decisions on Banks or it will shut down Operations.

Consumers’ Rights Curtailed as Banking Ombudsman’s Teeth are Pulled.

BC Bankruptcy Exemptions Reinstated.

The Financial Consumer Agency of Canada (FCAC) today (January 10, 2012) issued a Consumer Alert on debt reduction companies. FCAC is warning Canadians: Be very cautious about companies that claim they can negotiate a deal with your creditors so that you will have to pay only part of your debt. This process is often called [...]

French language version of “Quickly get a good credit rating after Bankruptcy or a Consumer Proposal.”

I was interviewed a few weeks ago by Tom McFeat, a reporter with CBC News. His article about common myths about bankruptcy is at this link. In the article the CBC explores the facts and myths behind the following questions many people have about filing bankruptcy to eliminate debt problems: Will I lose everything if [...]

Bankruptcy Abuse and Fraud