Why to Beware of Bankruptcy Trustees
For the past few days we’ve been looking at different ways you can deal with your debt, and all the various resources that will help you. Yesterday we also talked about how some of these resources, such as debt settlement companies, may not have your best interests at heart. But it’s not just debt settlement…
Read moreTop 10 Reasons for Bankruptcy
Last week we talked about what the average bankrupt Canadian looks like. After a survey was completed by bankruptcy trustees Hoyes, Michalos & Associates, it was found that that’s a 43-year-old man that owes more than $60,000 in non-mortgage debt. But of course, bankruptcy does not discriminate by age, gender, or any other factor, and…
Read moreDo You Look Like the Typical Bankrupt Canadian?
Of course no one can tell just by looking at you if you’re going to go bankrupt at some point in your life. But bankruptcy trustees Hoyes, Michalos & Associates just searched through hundreds of bankruptcy filings from 2011 and 2012 to try and determine what the typical bankrupt Canadian looks like, and what groups…
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