Bankruptcy

Explore Options for Debt Relief

Personal bankruptcy is a vital option for individuals struggling with excessive debt. This resource page includes articles, common questions, and personal stories about personal bankruptcy. Here, you can learn how it works, its alternatives, and ways to avoid filing.

Debt Stories and Anonymous Questions on Bankruptcy

This section also features anonymous questions and life accounts from those who have experienced bankruptcy. These resources offer practical insights into the process and available solutions. By exploring this information, you can make informed decisions about your financial future.


Can non-profit organizations file for bankruptcy in Canada?

Can non-profit organizations file for bankruptcy in Canada?

personal bankruptcy
Discover how non-profits in Canada can navigate bankruptcy challenges. Learn about restructuring, insolvency, and the role of insolvency trustees. Read now!
What happens to jointly owned property in bankruptcy?

What happens to jointly owned property in bankruptcy?

personal bankruptcy
Discover how bankruptcy in Canada affects jointly owned property. Learn about equity, co-ownership, and how a trustee can impact your assets. Read now!
Can I declare personal bankruptcy if I receive social assistance?

Can I declare personal bankruptcy if I receive social assistance?

personal bankruptcy
Explore how personal bankruptcy can provide a fresh start, even if you're on social assistance. Learn more about navigating your financial journey today!
Will declaring bankruptcy affect my mutual fund license?

Will declaring bankruptcy affect my mutual fund license?

personal bankruptcy
Facing bankruptcy in Canada? Discover how it affects your mutual fund license and learn about the steps to regain it. Read now for crucial insights!
How can I file for bankruptcy and keep my car equity?

How can I file for bankruptcy and keep my car equity?

personal bankruptcy
Discover how to keep your car while filing for bankruptcy in Canada! Learn about car equity rules and how a Licensed Insolvency Trustee can help. Read now!
Filing Personal Bankruptcy for Medical Bills in Canada

Filing Personal Bankruptcy for Medical Bills in Canada

personal bankruptcy
Discover how personal bankruptcy in Canada can help you manage medical bills and unsecured debts. Find out about consumer proposals that offer a fresh start!
What happens if I miss a payment in bankruptcy?

What happens if I miss a payment in bankruptcy?

personal bankruptcy
Missing a payment during bankruptcy? Discover how it affects your bankruptcy process and what the trustee might do. Learn more about bankruptcy today!
Can I travel after declaring bankruptcy in Canada?

Can I travel after declaring bankruptcy in Canada?

personal bankruptcy
Discover how to travel after declaring bankruptcy in Canada! Learn about your obligations and stay informed. Read now to plan your dream getaway!
Can I include tax debt in my bankruptcy filing?

Can I include tax debt in my bankruptcy filing?

personal bankruptcy
Discover how to manage your tax debt through bankruptcy in Canada. Learn the rules about tax debts and the timing for filing. Read now!
What assets do I keep or lose when filing for bankruptcy?

What assets do I keep or lose when filing for bankruptcy?

personal bankruptcy
Discover the difference between exempt and non-exempt assets in Canadian bankruptcy. Learn what you can keep and what may be sold. Read now!