You might remember the “Money” episode of the popular NBC sitcom The Office. The character Michael Scott realizes that he is deeply in debt, and

You may be wondering what a licensed insolvency trustee (LIT) is and what they do. If you’re struggling with debt or money management in any

You’re insolvent (unable to pay your debts), and you’re considering filing for personal bankruptcy. The only thing that is stopping you is that you don’t

COVID-19 has sent a massive shockwave through the Canadian economy. Businesses, both large and small, are trying to make it through this unprecedented situation, but

The coronavirus pandemic has disrupted everyday life in Canada. The government is urging citizens to stay at home. Workplaces are being divided into categories that

  Lenders need to be assured that borrowers are capable of paying off loans. A borrower can use their credit score to prove that they

Declaring bankruptcy can be a hard step to take, even when you know it’s the best course of action. What often makes it harder is

Life is unpredictable. You could be doing just fine financially when you hit a bump in the road and swerve off course. Before you know

  Statistics show that personal bankruptcy rates are getting smaller and smaller every year. It’s happening in the city of Toronto and across the country.