Bankruptcy and Alimony

Your former spouse declares bankruptcy and you're afraid of the consequences? What happens to his or her obligation to pay you support? You have chosen to declare personal bankruptcy and are wondering if you should continue to pay support?  N.Séguin, a licensed trustee in insolvency, [...]

2021-09-13T10:52:15-04:00Financial advice|

Debt rate (or debt ratio)

What is the debt ratio calculation? The ratio, or debt rate, represents the fraction of your income which is used only for the repayment of debts, loans or credits. As a general rule, it is recommended to keep your debt ratio below 33% of your [...]

2021-09-06T13:52:05-04:00Financial advice|
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