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Bankruptcy Ontario
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Questions about bankruptcy in Ontario? We have the answers. Licensed Ontario Bankruptcy Trustees.
Questions about bankruptcy in Ontario? We have the answers. Licensed Ontario Bankruptcy Trustees.

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The main reason people file for bankruptcy is to protect their income or to protect their assets. Since Larry had neither, filing bankruptcy was not as urgent as he initially thought it was. Learn more:
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We explain how funds are distributed to creditors during a bankruptcy filing in 4 basic steps. Learn more:
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The truth is, personal bankruptcy is not as complicated as most people believe and there is a relatively simple set of criteria to see if you qualify for the protection bankruptcy provides:
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The good news is that the bankruptcy rules were designed in such a way to give some a chance of a fresh start, protection from overwhelming debts whilst at the same time the opportunity to maintain a reasonable standard of living.
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Are you thinking of filing bankruptcy, but think you may have to relocate soon? Here's what you need to know:
https://bankruptcy-ontario.org/bankruptcy-advice/can-i-move-if-i-filed-bankruptcy-in-ontario/
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Have you ever wondered what's included in your bankruptcy record? This article from a licensed debt expert outlines what's included, and who can see it.

https://bankruptcy-ontario.org/bankruptcy-advice/whats-included-in-my-bankruptcy-record-who-can-see-it/
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In the past, seniors might have always paid their debts, but because they carried debt into retirement where they now have a fixed income, this isn’t possible. So what do they do?

https://bankruptcy-ontario.org/bankruptcy-advice/should-i-file-senior-pension-income-credit-card-debt/
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Many people fall into the cycle of debt because their expenses are simply more than their income, and their solution is to use debt to make ends meet. Meet the honest, but unfortunate Ontario debtor. https://bankruptcy-ontario.org/bankruptcy-advice/good-intentions-the-honest-but-unfortunate-debtor
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