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Can I file for bankruptcy in Canada if I’m living abroad?
Home / Blog / Bankruptcy, Financial Financial troubles don’t end at borders—or even oceans. If you’re a Canadian citizen no longer living in the country, and you still have debts in Canada that you are unable to pay, you may be wondering whether or not you can file for bankruptcy.

Get out of debt with help from a Licenced Insolvency Trustee
Home / Blog / Dept, Financial Falling into debt is more common than you’d think. According to the CBC, the average Canadian owes $22,000 in non-mortgage debt. What’s more, Canadians, on average, owe $1.67 for every dollar of income. The reason for this is fairly simple: while the average Canadian

Dealing with income tax debt
Home / Blog / Tax, Dept, Financial Question: It’s spring across Canada which also means it’s tax season. A deep “sigh” may be your initial response. You may be in the process of filing your tax returns or you may have already filed and received your 2016 tax assessment and

Why did CRA register a lien on my home?
Home / Blog / Lien, Financial by Marc Rouleau Arguably, April is not the happiest time of the year. Plenty of grey rainy days combined with the fact that the deadline for filing our 2016 tax returns is looming large. Some may still owe personal income tax from prior years or perhaps

Should I cash in my RRSPs to pay my debts?
Home / Blog / RRSP, Debt A survey conducted by a major bank concluded that almost 40% of Canadians admit they’ve cashed in part of their Registered Retirement Savings Plan (RRSP) well before retirement. Many feel they don’t have a choice. Most aren’t using their RRSPs to take trips, buy

I’ve heard about a debt consolidation solution that only a Licensed Insolvency Trustee can help me file called a Consumer Proposal. How do I go about doing that?
Home / Blog / Consumer Proposal by Marc Rouleau Like many people, you’ve been doing research on the Internet or perhaps asking family and friends for advice. You’ve decided that a consumer proposal might be the best way to deal with your debt stress and get you back on your feet financially.