April 3rd, 2006 by Questions
I was unable to recover monies owing to me from a client of mine. The client went under and it had owed me a significant amount of money. It appears the bankruptcy laws are there to protect the debtor rather than a creditor. I am the one who pays in the end.
The bankrutcy laws in Canada should not permit bankruptcy to wipe out debts. It is my money they are writing off. This uncollectable debt caused me to fold my small business. I read the postings on this site and there are so many questions concerning how to get out of the debt. Collection agencies are trying to collect what is owed. Posters on this site complain about collectors. Collectors are not evil demons. I know they are unpopular but they are just earning a living.