Debt Relief Experts
Ontario Bankruptcy Exemptions: Assets You Can Keep
Will you lose everything if you file for bankruptcy in Ontario? We explain what assets you keep by law, what you may lose and an alternative option you may have so you can keep everything.
Exemptions
RRSP, Registered Savings Accounts and Bankruptcy Laws
How does filing for a bankruptcy affect different registered financial accounts? Here is our comprehensive guide on how RRSPs, RRIFs, RDSPs, DPSPs, TFSAs, RESPs and others are treated in a bankruptcy.
Will Bankruptcy Affect Shared Ownership in a Cottage?
Are you or someone you know filing bankruptcy and they have a share in a family cottage? Learn about how shared real estate is dealt with in a bankruptcy and other options you may have.
Personal Bankruptcy and Registered Education Saving Plans (RESP)
Learn about how filing for bankruptcy will affect money you may have set aside in an RESP savings and options you have to protect those funds for your children.
Do I Lose My RDSP If I File Bankruptcy in Canada?
Bankruptcy law does not protect RDSPs but the courts have ruled that they are exempt assets. Learn what this means for your registered disability savings and your bankruptcy.
Ontario Bankruptcy Legislation Updates: The Execution Act & 407 ETR
Learn about changes regarding 407 ETR debts and The Execution Act and how toll road debts are eliminated through bankruptcy and why ETR can no longer withhold your licensed renewal if you file insolvency.
Lobbying to Clarify and Retain Exemption Protection for Debtors
Are you interested in learning more about how we lobby for debtors? Doug Hoyes explains the 2015 changes made to bankruptcy law, how some assets are less protected and what we did to push for change.
Ontario Bankruptcy Exemption Law Changes Protect Home Equity
Provincial legislation on how home equity is treated in a bankruptcy or proposal differs by province. We explain how much equity is exempt or protected from seizure, and when, under Ontario's Execution Act.
Time To Change The RESP Rules for Bankruptcy?
RESPs are considered an asset in a bankruptcy and are not exempt from seizure in all provinces. Doug Hoyes explains why it's time to change the federal law around RESPs and bankruptcy.