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Can You Keep an Active Corporation During a Personal Bankruptcy?
Author : stevewelker
2.05.2026
A question that comes up from time to time is whether someone can file a personal bankruptcy and simply continue operating their corporation as usual. The short answer is: sometimes legally, but often not practically. In many cases, maintaining an active corporation t...
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HST Assessments on House Flipping: A Growing Cause of Insolvency
Author : stevewelker
16.04.2026
A pattern I am seeing more and more often looks like this: Someone buys a house.They renovate it.They sell it for a profit. They believe the sale is...
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Writs on Your Property After a Consumer Proposal
Author : stevewelker
24.03.2026
What They Are — and Why You Must Remove Them After You Finish If you have completed (or are close to completing) a consumer proposal, and you previou...
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Can You Dissolve An Insolvent Corporation?
Author : stevewelker
23.02.2025
The short answer: No - You cannot dissolve an insolvent corporation Corporations In Canada corporations are incorporated under federal legislation k...
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Ontario Securities Commission (OSC) Fines, Administrative Penalties, Disgorgement Orders, and Bankruptcy
Author : stevewelker
Tag : OSC Securities Commission Administrative Penalty Fine
4.12.2024
Summary Long story short: Administrative penalties levied by a securities commission such as the Ontario Securities Commission are dischargeable by a...
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Eviction Orders, Rental Arrears, Consumer Proposals and Bankruptcy
Author : stevewelker
Tag : Eviction
1.10.2024
Rental Arrears Falling behind on your bills often means also falling behind on your rent.  While most individuals prioritize their landlord over othe...
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Consumer Proposal and Student Loans
Author : stevewelker
Tag : Eviction
9.02.2022
Consumer Proposal and Student Loans Are you struggling with student loan debt?  If so, here are some potential solutions to erase your student loan...
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Consumer Proposals and Your Credit Report
Author : stevewelker
Tag : Eviction
25.01.2021
A Consumer Proposal is a great way for many people to address their debt and avoid bankruptcy. A Consumer Proposal's primary consequence is t...
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Consumer Proposals and OSAP / Student Loans
Author : stevewelker
Tag : Eviction
13.01.2021
When weighing your options to deal with your debt, its important to consider the implications of your potential decision.  Many debtors seek the hel...
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