Consumer insolvencies in BC increased in September 2022 overall by 33.5 percent from September 2021. Consumer proposals increased 52.9 percent
A Closer Look at August 2022 Insolvency Stats
Consumer insolvencies in BC increased in August 2022 overall by 33.4 percent from August 2021. Consumer proposals increased 44.0 percent while
CRA Ramps up Collections on CERB
Have you received a repayment letter from CRA and don’t have the funds? You’re panicking because you don’t know where the money is coming from. Don’t
BC Court – Student Loans, Single Date
BC Court confirms single date approach to discharging Student Loans through a consumer proposal or bankruptcy. A recent decision by the BC
Insolvency Searches
Recently the Office of the Superintendent of Bankruptcy (“OSB”) announced that it is modernizing its Insolvency Record Search function including the
OSB issues Draft Directive on Counselling Matters, Seeks Public Consultation
As you may recall in previous newsletters, we reported about the Office of the Superintendent of Bankruptcy’s (OSB) report into what is perceived to
A closer look at May 2017 insolvency stats
Consumer insolvencies in BC increased in May 2017 by 21.7 percent from April 2017. Consumer proposals increased 25.9 percent while bankruptcies
Consumer Proposals, the Licensed Insolvency Trustee (“LIT”) and Third Party Debt Consultants – the debate continues
There has been considerable debate as to whether an individual needs an independent debt advisor to file a consumer proposal to “protect” the interest
I filed for a consumer proposal or a bankruptcy and I am still receiving statements from my creditors!
One of the most common questions I receive from a debtor is “Why do I keep receiving statements from creditors when they know I have filed a consumer