What Is Bankruptcy? A Simple Guide to Recovery
What is bankruptcy? Bankruptcy is a legal process that provides a fresh start for individuals or businesses struggling with unmanageable debt. It involves the discharge of debts, allowing you to reset your financial situation. In Canada, filing for bankruptcy can help you avoid foreclosure or wage garnishment, providing immediate relief from creditor harassment. The bankruptcy process includes filing necessary paperwork, attending credit counseling, and undergoing a financial assessment. Understanding this process is essential for those seeking financial freedom and a new beginning. Learn more about how bankruptcy can benefit you at bankruptcycanada.com. https://bankruptcycanada.com/what-is-bankruptcy/
