Bankruptcy: Life Events
Major Life Changes That Have Impact
This page covers how major life events can affect personal bankruptcy. Life circumstances often contribute to financial struggles, and each situation comes with its own set of challenges and considerations. Whether you’re dealing with divorce, tax debt, retirement, job loss, or foreclosure, these articles help you understand how bankruptcy intersects with life’s biggest moments.
Everything You Need to Know About Bankruptcy & Life Events
| Topic | Description |
|---|---|
| Divorce and Bankruptcy | How separation or divorce may affect your bankruptcy filing and financial obligations. |
| Marriage and Bankruptcy | What you need to know about bankruptcy when getting married or remarrying. |
| Tax Debt and Bankruptcy | How tax debts are handled in bankruptcy and what CRA rules may apply. |
| Retirement and Bankruptcy | Bankruptcy considerations for retirees or those nearing retirement. |
| Student Loans and Bankruptcy | Rules and timelines for including student loans in bankruptcy filings. |
| Medical Injury and Bankruptcy | How medical issues, injuries, and related expenses factor into bankruptcy decisions. |
| Job Loss and Bankruptcy | How losing your job impacts debt repayment and bankruptcy options. |
| Your Death and Bankruptcy | What happens to your debts and bankruptcy estate after death. |
| Death of a Spouse or Family Member and Bankruptcy | How the passing of a loved one may affect your finances and bankruptcy situation. |
| Business Failure and Bankruptcy | Options for entrepreneurs and small business owners when a business fails. |
| Disability and Bankruptcy | How disability or loss of income due to illness impacts bankruptcy decisions. |
| Birth of a Child and Bankruptcy | How new family expenses influence financial stability and bankruptcy considerations. |
| Caring for Elderly Parents with Debt and Bankruptcy | Managing debt while supporting aging parents and navigating bankruptcy. |
| Lawsuits, Legal Judgments and Bankruptcy | How bankruptcy can affect or stop lawsuits and court judgments. |
| Co-Signed Loan Default and Bankruptcy | The impact of a co-signer defaulting on loans when bankruptcy is involved. |
| Mortgage Default, Foreclosure and Bankruptcy | How bankruptcy can affect foreclosure proceedings and mortgage debt. |
| Rent Increases, Eviction and Bankruptcy | Bankruptcy considerations if you’re facing eviction or rising housing costs. |
| Talking to Your Kids and Bankruptcy | How to explain financial struggles and bankruptcy to children. |
| Talking to Your Parents and Bankruptcy | Approaches to discussing debt and bankruptcy with your parents. |
| Asking Your Friends for Help and Bankruptcy | How to handle borrowing from or discussing debt with friends. |
| Getting Help with Debt and Bankruptcy | Understanding the resources and professionals available to support you. |
Topics covered in this section for Bankruptcy & Life Events
