39% of Canadians fear rising interest rates will push them into bankruptcy

The Bank of Canada recently increased the overnight interest rate to its highest level in decades, increasing the cost of borrowing for Canadians. Given that interest rates are expected to rise further still, it’s no surprise a recent study, reported by STOREYS, found that 39% of Canadians are now worried about rising costs driving them […]

What is a Bankruptcy Trustee (Ontario)?

If you live in Ontario and are struggling to meet your debt repayments, you may have come across the term ‘Bankruptcy Trustee’. In this blog we’ll explore Bankruptcy Trustees in more detail, including who they are, how they relate to Licensed Insolvency Trustees, and why you should consider using a bankruptcy Trustee if you’re interested […]