What is a Personally Guaranteed Loan? A personally guaranteed loan is a type of loan where an individual guarantees repayment, typically with their personal assets, even if the loan is taken out for a business.  This means that if the business defaults, the lender can go after the guarantor’s personal assets, like their home or...Continue reading

A consumer proposal is an incredibly valuable tool for relieving your debts. You can have some of your debts forgiven without enduring the same financial repercussions as a bankruptcy. However, as many Canadians kickstart their own small businesses, it becomes harder to understand what debts qualify for a consumer proposal. Popular questions we get are...Continue reading

Small business bankruptcy in Canada is a reality that thousands of entrepreneurs face each year. Whether your business has been impacted by rising costs, cash flow problems, or economic downturns, understanding your legal options is the first step toward financial recovery. This guide covers everything a Canadian small business owner needs to know about bankruptcy...Continue reading