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Category: Bankruptcy

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What Happens When You File Bankruptcy on Your Business

Employee and manager talking about potential bankruptcy on business

Running your own business can be one of the most rewarding and self-actualizing decisions you can make, but it comes with many responsibilities. And with these responsibilities come expenses, and with expenses often comes debt. For new Alberta business owners, the future looked bright as there was a 27.9% drop in business bankruptcies in 2021 […]

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Bankruptcy Misconceptions You Need to Know About During a Pandemic

Alberta’s financial future is changing. While many people in our province found themselves out of a job once the pandemic hit, the Canadian government responded with a flood of different benefit programs designed to help lower-income workers keep their heads above water.  Insolvencies decreased across the country during the pandemic partly due to government financial […]

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