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Podcast: DebtMatters Podcast
Episode: 66 - Business Bankruptcy in Canada
Description: As Canadians businesses struggle to find their feet in a new post pandemic era, a significant number report their concern over the potential for Bankruptcy. Add to the mix staff shortages, skyrocketing inflation and rising interest rates - it is a critical time for many small businesses. How does Bankruptcy work for the self employed vs an incorporated or limited company? Derek Chase, Licensed Insolvency Trustee, discusses business Bankruptcy and how it affects individuals within the business.He also covers:The difference in the terminology between the US and CanadaHow various businesses are structuredThe decision making p...