Bankruptcy

Can I have my bankruptcy annulled if I repay my debt in full?

If you’re currently in faillite (or you’ve already filed for it) and your financial situation suddenly changes for the better (think inheritance, lottery win, etc.), is there anything you can do to get out of faillite? You’ll be pleased to know that the answer to this is yes, but it’s not quite as simple as paying what …

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What happens to my vehicle in a consumer proposal or bankruptcy?

If you’re considering the possibility of filing a consumer proposal or declaring faillite, you should be aware that assets such as vehicles are handled very differently in those two procedures. In a consumer proposal, if you own the vehicle free and clear, you simply keep it. If you still owe money on the vehicle, you …

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I am filing for Consumer Proposal Or Bankruptcy, Will My Employer Find Out?

If you’re facing the possibility of filing for Consumer proposal or Bankruptcy, you may be concerned about privacy issues, particularly with regard to having your employer find out about your faillite. While it’s true that faillite and consumer proposal records are public, however (meaning they can be accessed by anyone who is interested in them), your trustee won’t …

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