Bankruptcy and Consumer Proposals Rise as Consumer Debt Reaches Record Limits

Are you struggling with consumer debt? If so, you’re not alone. According to BNN Bloomberg, the average Canadian household owes $1.76 for $1 of annual disposable income. The same household devotes $0.15 of every disposable dollar to making...

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What is a Bankruptcy Trustee in Ontario and What is Their Role in a Debt Restructuring?

A Bankruptcy Trustee in Ontario plays an important role when it comes to debt restructuring. Bankruptcy Trustees across Canada are appointed by the Superintendent of Bankruptcy to oversee bankruptcy and consumer proposal filings in Ontario. It...

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