The Law Behind Bankruptcy & Consumer Proposal in Canada

Bankruptcy Law in Canada is a destination for free information on Canadian credit, consumer proposal and bankruptcy law.

In 2009 116,381 Canadians filed personal bankruptcy and 35,331 filed consumer proposal. Combined, that is an increase of over 30% from the previous year.

Unfortunately many of these individuals filed before they fully understood how bankruptcy works and in some cases – when a bankruptcy could have been avoided.

Everyone’s bankruptcy journey is different but no matter who you are, your story should always start the right way! Bankruptcy Law in Canada is a place, free of pressure, where you can begin your bankruptcy education.

Before you file for bankruptcy in Canada, get informed and learn about the laws that govern bankruptcy and consumer proposal.

Get started with these Canadian Bankruptcy Basics:

Disclaimer: is for informational purposes only and is not a substitute for the advice or services of an insolvency lawyer, a trustee in bankruptcy or a qualified financial advisor. If you are seriously considering filing bankruptcy in Canada, please speak do your research and contact a professional.