Friday, 30th July, 2010
Toronto Directory
SPECIAL SECTIONS
Federal Bankruptcy Exemptions 2010
Bankruptcy exemptions vary by province in Canada. Here is a complete list of Federal Government exemptions a bankrupt individual can keep in Ontario: Click here
Bankruptcy and Insolvency Act 2010
Knowing your rights is imperative to ensuring creditors preserve as many of their assets as possible. This link takes you to the Government of Canada's website containing a copy of the Bankruptcy and Insolvency Act (R.S., 1985, c. B-3). Click here
Bankruptcy in Canada 2010
Here's a comprehensive overview of procedures and legal consequences of consumer bankruptcy in Canada. This article discusses Bankruptcy reform, discharge rules, the Wage Earner Protection Program Act, reduction of the student loan discharge period from ten to seven years, protection of all registered retirement savings plans and more. Click here
Debt Collection Agency: Know Your Rights!
I came across this very sad Toronto Sun story about an abusive collection agency that took harassment to a new level, phoning a debtors 81-year-old dad and a neighbour, telling them he owed money and he better pay up.
When the man’s 14-year-old daughter got a harassing call and was so overcome with fear she decided [...]
The Facts about Bankruptcy
Bankruptcy often has a huge stigma attached to it but if you are struggling under a huge pile of unmanageable debts then it is something you may want to seriously consider.
It is not something that you should enter into lightly but can also free you from your debts and help you start again. It will [...]
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