Bankruptcy Canada: Where can I go for help?

Why do Canadians read over a quarter of a million pages on this Bankruptcy Canada website every month? Why are you reading this article? Simple: you want information about filing bankruptcy in Canada. Today, to make your research easier, we present a list of the top bankruptcy resources in Canada. Click on the links, do your own research, and then decide for yourself whether or not filing bankruptcy is the correct decision for you.

The most popular pages on our main site are also the best information pages.

The most popular page is the Bankruptcy Canada Frequently Asked Questions page, which isn’t surprising, since if you are looking for information, this is the place to go. We even mark the questions so you can see which questions are the most asked. If you have a question, it’s quite likely someone else has already asked that same question, so this is a great resource to get all of your questions answered.

If you can’t find your question, you can post a question on our anonymous bankruptcy Canada question and answer blog. This is the most widely read question and answer blog on bankruptcy in Canada, with well over 4,000 questions and expert answers.

Another great resource is the Bankruptcy Canada on-line Support Group. It’s free, it’s anonymous, and it allows you to talk to other Canadians struggling with debt. Here’s a sample of a discussion with various people considering bankruptcy. This is a real discussion, with real people, telling both the good and the bad about the process. Reading these comments you can see that you are not alone.

One of our most popular features is our debt options calculator. It’s free, only takes five seconds to use, and it estimates the costs for you of your various debt management alternatives.

Trustees Talk

This year we added a new feature, the Trustees Talk blog, where Canadian bankruptcy trustees give their views on current topics.

Here are the most popular posts from the Trustees Talk blog in the last twelve months, starting with the most read posts:

Surplus Income and Bankruptcy in Canada: How the New Rules Could Extend the Cost of your Bankruptcy in Canada (the most popular post in the last year, read by almost three times as many people as the second most popular article; obviously the surplus income rules are of great concern to most people considering bankruptcy in Canada).

Retirement, Pensions and Bankruptcy in Canada: The Future Is Up To You This article created the most disagreement from our readers. That’s fine; our goal is not to get everyone to agree with everything we say; our goal is to inform and educate, and stimulate discussion.

New Bankruptcy Rules in Canada: What You Need To Know More on the new rules, like the first article.

Personal Debt in Canada: The Ticking Time Bomb

Massive Increase in the Personal Bankruptcy Rate in Canada: Why, and What’s Next?

Debt Management and Debt Settlement Plans: Scams, or a Good Alternative to Bankruptcy in Canada?

New Bankruptcy Rules Hurt Some People They Were Designed to Help

Why a House is NOT an investment This was another controversial post, but as an increasing number of Canadians deal with the high cost of home ownership, and an increasing rate of foreclosures, more people are beginning to see this perspective .

Five Fears About Bankruptcy in Canada

Consumer Proposals Will Increase Under the New Bankruptcy Rules in Canada (yet another article on the new bankruptcy rules).

Other Sites

There are other great sites with information for people in financial trouble.

If you want to avoid bankruptcy and want information on consumer proposals, ConsumerProposals.com has information devoted exclusively to Canada’s #1 alternative to filing bankruptcy.

Bankruptcy law is federal legislation, so the basic rules are identical everywhere in Canada. However, there are minor differences in each province, so provincial websites can help you understand issues specific to your province. You can get information on:

• bankruptcy in British Columbia
• bankruptcy in Alberta
• bankruptcy in Saskatchewan
• bankruptcy in Manitoba
• bankruptcy in Ontario
• bankruptcy in Quebec
• bankruptcy in Nova Scotia
• bankruptcy in New Brunswick
• bankruptcy in Newfoundland

The point? There are lots of places you can go for information to research your alternatives, and to help you make a decision. If you don’t want to do a lot of research, contact a trustee today, to arrange for a free initial consultation. With or without prior research, they will walk you through your options, and help you make an informed decision.

A Licensed Insolvency Trustee