North Americans are a collection of spenders who must learn the hard way to practice what our grandparents have always known: A penny saved is a penny earned. […]

 
I came across this fantastic news today in the Toronto Sun newspaper that will give investors some peace of mind:
If you find yourself in financial trouble and have to declare bankruptcy, your registered retirement savings are now safe from your creditors.
Recent amendments to Canada’s Bankruptcy and Insolvency Act now rule that for bankruptcies occurring after […]

Most people are very concerned about their home and what happens to it if they file bankruptcy. There are only two options: you keep it or you lose it.
To keep your home you need to answer YES to the following questions:
Do you want to keep the house? (Not everyone wants to keep their house. If […]

The cost of bankruptcy in Toronto, Ontario is largely dependent on your personal situation - although not completely since there are some common expenses that you should certainly take into the account when trying to determine the cost of filing bankruptcy in your case.
Below we provide a summary of some of the costs […]

Personal financial difficulties can happen to anyone at anytime . When creditors begin to call and the pressure mounts, there can be relief by calling a Greater Toronto Area (G.T.A.) Bankruptcy Trustee. A common misconception is that you only have one option and that is to declare Bankruptcy. A good trustee can help […]