Yes, but not until the Licensed Insolvency Trustee (“LIT”) is discharged AND the bankrupt is not discharged. When a person declares bankruptcy,
Half of British Columbians need raise to pay off debt
Headline: Half of British Columbians will need a pay raise to help pay off debt. Via: The Vancouver Sun
BOC progress report
Headline: Bank of Canada deputy governor's "Progress Report on the Economy". Via: Bank of Canada
IMF flags housing at economy risk in Canada
Headline: IMF Flags Housing, Competitiveness as Canada Economy Risks. Via: Bloomberg
How Money Affects Health
Headline: How money affects health — what you can do to stay in control. Via: Global News
Home Sales Fall
Headline: Canada home resales fall in April, lowest in over 5 yrs-CREA Via: Reuters
Will Bankruptcy Affect My Employment?
If I declare bankruptcy, will it affect my employment? This is a fairly common question that a Licensed Insolvency Trustee (“LIT”) gets asked at the
Office of the Superintendent of Bankruptcy Issues Directive on Counselling
In previous newsletters, we addressed the issue of possible changes being proposed to the counselling directive by the Office of the Superintendent of
Case Law Update Re: Gwidz
Recently, the BC Supreme Court provided some much needed clarification relating to the non-exempt equity in a bankrupt's home at the date of