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Podcast: DebtMatters Podcast
Episode: 110 - What Happens When You Go Bankrupt in Canada?
Description: Personal Bankruptcy is a legal process overseen by the federal government to help Canadians who can’t afford to repay their debts find debt relief. The number of people struggling with insolvency has increased substantially as the cost of living remains high. No-one really wants to go bankrupt but as Licensed Insolvency Trustee, Derek Chase explains, Bankruptcy can be viewed as a tool to help fix your finances. This podcast answers some of the most frequently asked questions about this debt relief option. Will I lose my paycheque?Which of my assets are exempt?Will someone come to my...