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Category: Licensed Insolvency Trustee

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Bankruptcy vs. Consumer Proposal: What’s the difference?

A close-up photo of a person's hand holding a pen and filling out a bankruptcy form

Reducing or getting out of debt altogether can be a difficult decision. Sometimes, it can feel like overcoming decision making inertia. Many people assume they must declare bankruptcy if their debt is too difficult to manage. However, bankruptcy is not your only option for relieving debt.  A consumer proposal may be the right solution for […]

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What Is the Role of a Licensed Insolvency Trustee in Bankruptcy?

A Licensed Insolvency Trustee in his office a female client is consulting about bankruptcy

Filing for bankruptcy is a serious decision that can affect your financial future. Wiping out your approved debts and beginning again with a blank slate may be the key to starting over with your credit. Bankruptcy is not a decision you should make on your own. Licensed insolvency trustees are invaluable resources to help you […]

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