Bankruptcy Nova Scotia

Bankruptcy in Nova Scotia as a Path to Financial Recovery

Many individuals and families grapple with the crushing burden of overwhelming debt. It’s a burden that transcends numbers on a spreadsheet and impacts emotional and practical aspects of life. This article explores potential strategies for navigating the darkest financial times, providing a deeper understanding of bankruptcy as a last resort option. While this strategy isn’t…

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How Many Times Can You Declare Bankruptcy In Canada

How Many Times Can You Declare Bankruptcy In Canada

Have you been curious as to how bankruptcy works in Canada? More specifically, how many times you can file bankruptcy? In theory, you can declare bankruptcy as many times as you like in Canada. Practically speaking, however, every time you file the consequences and the difficulty in receiving a discharge from your bankruptcy increases. The…

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2016 Surplus Income Standards

When an individual files for personal bankruptcy the trustee will calculate whether or not he will be required to make surplus income payments based on his net household income.

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