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INFORMED FINANCIAL SOLUTIONS
Blog
THE BLOG OF YOUR FIRM OF AUTHORIZED INSOLVENCY TRUSTEES (FORMERLY KNOWN AS BANKRUPTCY TRUSTEES SINCE THE 1950S)
The blog articles of our Gatineau accounting firm present you with concrete advice on managing your personal or professional finances. For example, you will find information on credit, debt risk and business failures. We regularly add new articles.
OVERWHELMED BY DEBT AND HARASSED BY CREDITORS? YOUR OPTIONS FOR REGAINING FINANCIAL PEACE
The phone rings again. You donāt even need to check the caller ID. Itās another debt collection agency hounding you over the same unpaid...
Mar 6
WHAT DEBTS CANNOT BE INCLUDED IN A CONSUMER PROPOSAL?
Insolvency is one of the most complex situations an individual can face. When a person is unable to settle their debts due to financial...
Jan 11
IN WHAT SITUATIONS CAN A DEBT CONSOLIDATION BE REFUSED?
If you're dealing with debt, consolidation can be a smart way to get you out of trouble. However, in some cases, you may not be eligible...
Sep 9, 2024
7 SIGNS ITāS TIME TO MEET WITH A LICENSED INSOLVENCY TRUSTEE
Accruing debt is a normal part of adulthood. From mortgage and car loans to credit cards and emergency loans, not all debt is bad to...
Jul 17, 2024
Debt discharge: everything you need to know
Having your debts discharged is essential if youāre facing financial difficulties and want to regain stability. More precisely, itās the...
Mar 22, 2024
CAN I GET A LOAN AFTER BANKRUPTCY?
Bankruptcy can be a financially tumultuous time. However, itās important to know that it doesnāt mean you can never borrow money again....
Dec 21, 2023
CAN YOU MEET WITH A LICENSED INSOLVENCY TRUSTEE BEFORE BEING IN OVER-INDEBTEDNESS?
Are you worried about your debt and wondering if itās possible to speak with a bankruptcy trustee even if your situation isnāt dire?...
Oct 13, 2023
WHATāS THE DIFFERENCE BETWEEN A BAILIFF AND A LICENSED INSOLVENCY TRUSTEE?
In Canada, both bailiffs and licensed insolvency trustees play important roles in the legal and financial landscape. However, their roles...
Oct 13, 2023
HOW LONG DOES A CONSUMER PROPOSAL LAST?
Are you considering filing a consumer proposal as a means to resolve your debt problems? A licensed insolvency trustee at Bernier &...
Sep 4, 2023
WHY SHOULD YOU CONSULT A LICENSED INSOLVENCY TRUSTEE BEFORE ACCEPTING THE ESTATE OF A DECEASED PERSO
One of your loved ones passed away and you inherited or became liquidator to an insolvent estate, meaning that the debts exceed the...
Sep 4, 2023
HOW TO AVOID DEBT IN RETIREMENT
Insolvency can affect anyone at any age, and retired people are no exception. In fact, the average amount of debt among retired people...
Sep 4, 2023
WHAT TO DO IF YOUR CONSUMER PROPOSAL IS CANCELLED
Did you make a consumer proposal to try and settle your debt but made late monthly payments three times, thereby resulting in it being...
Sep 4, 2023
WHY YOU SHOULD CONSOLIDATE YOUR DEBTS
Have you accumulated a significant amount of debt? Are you having trouble making your monthly payments? If so, debt consolidation could...
Sep 4, 2023
CAN I REPAY MY CONSUMER PROPOSAL SOONER THAN EXPECTED?
Did you recently file a consumer proposal, or are you considering doing so now? Are you wondering whether itās possible to pay off the...
Sep 4, 2023
WHAT ARE THE STEPS IN COMMERCIAL BANKRUPTCY?
Running a business involves many risks and challenges. If your business is in a precarious financial position and restructuring wonāt get...
Mar 1, 2023
CAN A STUDENT LOAN BE INCLUDED IN A BANKRUPTCY OR CONSUMER PROPOSAL?
High tuition fees, combined with financial obligations while you study and transition into work, can leave you burdened with significant...
Dec 1, 2022
IS MY SPOUSE AT RISK OF HAVING TO PAY MY DEBTS?
Are you considering taking steps to eliminate some of your debt but are worried about how that might impact your spouse? At Bernier &...
Aug 5, 2022
HOW DOES BANKRUPTCY AFFECT YOUR CREDIT SCORE?
At Bernier & Associates in Ottawa, our team of licensed insolvency trustees (LITs) belong to the Canadian Association of Insolvency and...
Nov 10, 2021
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