Category: Bankruptcy

Life After Bankruptcy – A Tale of Two Debt Crisis Paths

  • March 5, 2024

Adam and Jay are two young men in the prime of their lives, raising families and working hard at their jobs in the manufacturing industry. They both make a similar wage which is average for their family size in Manitoba. They have each purchased home

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How Can A Consumer Proposal Or Bankruptcy Help Prevent You From Being Evicted?

  • September 27, 2023

Things have been difficult in recent years for those who rent their home in Winnipeg or the rest of Manitoba. From June 2022 to June 2023, the average rent for a one bedroom unit in Winnipeg has risen by 8.3%. The fact that this increase in peoplesâ€

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Can I File for Bankruptcy or a Consumer Proposal if I am on a Disability Income?

  • April 7, 2023

At LCTaylor Licensed Insolvency Trustee, we frequently receive calls and emails from people who have had their life impacted by injury, illness or disability. There can be a link between debt and disability. It’s an unfortunate fact that medical

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New Bank Account: Benefits and Risks of Opening a New Bank Account Before Declaring Insolvency

  • March 4, 2023

What Happens To My Bank Account If I File A Consumer Proposal Or Bankruptcy? Your bank account is an important component of your everyday life. You probably use it to receive your income and pay your bills. These things may even happen automatically

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Warning – Not All Debt Advisors are Equal

  • December 5, 2022

The wrong advice can cost you more than money. Being in debt can be stressful and there are a lot of options out there when looking for help. Being an informed consumer helps you to avoid the wrong advice. There are both licensed and unlicensed debt

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