Consumer Proposals and the CRA
You may be able to settle your tax debt with the Canada Revenue Agency ("CRA") by filing a Consumer Proposal; However Consumer Proposals and the CRA make for some unique requirements when combined. For your consumer proposal to be accept...
Many people considering bankruptcy wonder if they'll be able to get a car loan after bankruptcy. After-all, many people need a car just to get to wor...
RRSPs
Did you know that when declaring bankruptcy in Ontario that RRSP contributions made more than 12 months ago are exempt from seizure? That's ri...
Whether you have a husband, wife, partner, spouse, girlfriend, or boyfriend, we always recommend sharing your financial situation and facing it togeth...
We often meet with husbands and wives together and always take the time to understand the financial situation of the family unit before providing pro...
It's a common question received by Trustees: "Bankruptcy vs. Consumer Proposal - What's the difference?" While we've highlighted the most significant...
Tax payers become non-compliant with the CRA for a variety of reasons. This often leads to arbitrary assessments, garnishments, liens being registere...
Yes, you can claim bankruptcy twice or for a second time. The process is the exact same as your first time except that it takes longer to be discharg...