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Bankruptcy in Canada for Seniors With Tax Debt

August 23rd, 2010 by A Licensed Insolvency Trustee

An interesting debate has emerged in the pages of the Financial Post over the last two weeks regarding the need for senior citizens to file bankruptcy in Canada. The debate started with an article by Jonathan Chevreau published on August 11, 2010 titled No Immunity to Bankruptcy. That day Mr. Chevreau also published a blog […]

Could you survive a 10% reduction in your income?

May 17th, 2010 by A Licensed Insolvency Trustee

Would your financial well-being be noticeably affected if your paycheque dropped by 10%? For most of us, the answer is “yes”. We tend to live paycheque to paycheque, so any drop in income can lead us down a slippery slope that often ends with a person filing bankruptcy in Canada. The Certified General Accountants Association […]

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