Bankruptcy

Resources for Debtors: Declaring Bankruptcy [Office of the Superintendent of Bankruptcy Canada, OSB]

Publisher: 
Government of Canada
Year of publication: 
2012

Bankruptcy is a legal process that can provide relief to honest but unfortunate debtors. When you are in bankruptcy, no unsecured creditor can garnishee your wages or initiate any other collection action against you.

Alternatives to Bankruptcy [Office of the Superintendent of Bankruptcy Canada]

Publisher: 
Government of Canada
Year of publication: 
2012

If you feel that your financial situation is out of control, there are four steps towards financial stability that you can take today. You may find that you are able to resolve the situation yourself through a little (or a lot) of hard work, or you may find that the best course of action is to seek the advice of a professional.

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