Canada’s recently released unemployment numbers show that the jobless rate jumped from 7.8 per cent in March to 13 per cent in April – nearly matching the highest ever recorded data dating back to the mid-1970s. Yet despite this, the number of Canadians filing for insolvency has decreased significantly. First-quarter numbers released by the Office […]
The Difference Between a Non-Profit Credit-Counselling Agency and a Bankruptcy Trustee
Two of the possible places you may end up to try and solve your credit issues are a non-profit credit counselling agency or in a bankruptcy trustee’s office. The one you choose will depend on several different factors, including your specific financial situation and your ultimate goal regarding your debt. What They Do A non-profit […]
Filing for Bankruptcy: Know Your Alternatives
Filing for bankruptcy is often a last resort for those trying to take control of their finances. Depending on your financial situation, filing for bankruptcy may or may not help you. For instance, bankruptcy excludes secured debts like vehicles and mortgages. It also excludes student loans that are less than seven years old and any […]
