Bankruptcy in Guelph: The Ted Michalos Bankruptcy Guelph Blog

Can I afford to go bankrupt?

I recently lost my job and have been living on employment insurance since then. I am looking for a new job, but with no job, I’ve been using my credit cards to supplement the EI that I receive. As you can imagine, my financial situation has deteriorated.  I can’t keep up with the huge interest [...]

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Who is going to benefit the most from your bankruptcy

I am having trouble keeping up with my bill payments and the situation is getting so bad that the creditors have started calling my boss. I am considering filing for bankruptcy, but I am confused as to how it benefits anyone.
This is a question that was sent via email last week. The person who wrote [...]

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