2025-07-25
How to budget for inflation
The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.
2014-05-08
Even though bankruptcy laws are the same across the country, personal exemptions are different from province-to-province. In Québec, you generally get to keep your personal belongings up to a value of $6,000, as well as tools or equipment needed for your work, clothing and RRSPs (except for contributions made in the last 12 months prior to declaring bankruptcy). You may also possibly keep a leased car and your house, depending on whether there is any equity or value in the asset (i.e. the value of the asset less any lien or mortgage.) Each situation is different, so it’s important to discuss your individual case with a Trustee.
The assets you may lose will depend on what they are and if there are any liens or mortgages attached to them. Examples of assets that you would lose are a TFSA, RESP or a car that has no lien and has value.
For a complete review of what you can and may not be able to keep within Québec, set up a free, confidential consultation with a licensed Trustee to review your situation and learn about your rights and options.
2025-07-25
The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.
2025-07-24
Whether you're planning ahead or paying down debt, we have five tips to help you turn your refund into financial momentum.
2025-07-23
Lifestyle Debt Alternatives to Bankruptcy
We’re here to answer your questions about whether you will be able to keep your vehicle if you choose Bankruptcy or a Consumer Proposal to work towards achieving a debt-free future.