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
What to Expect When You File for Personal Bankruptcy
When a person files for personal bankruptcy it is typically a final course of action for an individual in financial difficulty. Your Licensed
Choosing the Right Licensed Insolvency Trustee
Being in debt is stressful no matter how much you owe. If doesn’t matter if you owe $10,000 or $100,000, if you can’t pay it, it's stressful. Debt
Bankruptcy Discharges – and why they are so important
The final and most important step in the bankruptcy process is your discharge from bankruptcy. The discharge from bankruptcy is the legal mechanism