Can I Keep My Car During Bankruptcy in Canada? Exempt Assets Explained
🚗If you are wondering, can I keep my car during bankruptcy in Canada, the answer is generally yes, as long as your vehicle’s equity falls below your provincial exemption limit.…
by lawyerinfo.caMar 21 No commentsDoes Bankruptcy Clear CRA Tax Debt in Canada?
📣Generally, if you are wondering, “Does bankruptcy clear CRA tax debt in Canada?”, the answer is yes. For most Canadians, declaring personal bankruptcy legally eliminates unpaid income taxes, GST/HST balances,…
by lawyerinfo.caMar 21 No commentsWhat Happens to My House if I Declare Bankruptcy in Canada?
🏘When wondering what happens to my house if I declare bankruptcy in Canada, the outcome largely depends on your home equity. Every province has a “Home Equity Exemption” limit that…
by lawyerinfo.caMar 21 No commentsCan Collection Agencies Sue You in Canada? Statute of Limitations on Debt
💲Generally, if you are wondering, “Can collection agencies sue you in Canada?”, the answer is yes, but only within a strict time limit known as the statute of limitations on…
by lawyerinfo.caMar 21 No commentsHow Much Does a Consumer Proposal Cost in Canada?
💰When wondering how much does a consumer proposal cost in Canada, the simplest answer is that it costs exactly what you agree to pay your creditors. You do not pay…
by lawyerinfo.caMar 21 No commentsHow to File for Personal Bankruptcy in Canada: Step-by-Step
💰Generally, learning how to file for personal bankruptcy in Canada starts with contacting a Licensed Insolvency Trustee (LIT). For a first-time filer, the process usually involves surrendering non-exempt assets, reporting…
by lawyerinfo.caMar 21 No commentsConsumer Proposal vs Bankruptcy in Canada: Which is Better for Debt Relief?
💡When comparing a Consumer Proposal vs Bankruptcy in Canada, the main difference is asset protection. A consumer proposal generally allows you to keep your home and car while legally reducing…
by lawyerinfo.caMar 21 No commentsCross-Border E-commerce: US LLC vs Canadian Corporation for Amazon FBA
📦For Canadian Amazon FBA sellers, opening a Canadian Corporation is generally the easiest way to avoid double taxation. While a US LLC sounds appealing, the Canada Revenue Agency (CRA) often…
by lawyerinfo.caMar 21 No commentsHow to Transfer Intellectual Property to a Corporation in Canada
💡When learning how to transfer intellectual property to a corporation in Canada, the most important step is executing an IP Assignment Agreement. This legal document moves the ownership of your…
by lawyerinfo.caMar 21 No commentsCorporate Minute Book Canada: Why You Need One and What It Contains
📚Generally, a corporate minute book in Canada is the official legal history of your company. Lawyers, banks, and the Canada Revenue Agency (CRA) require it to verify ownership, approve loans,…
by lawyerinfo.caMar 21 No commentsJoint Venture vs Partnership in Canada: Legal Differences and Liability
💡The main difference between a Joint Venture vs Partnership in Canada is how liability is handled. A partnership usually means sharing all business debts and ongoing operations. A joint venture…
by lawyerinfo.caMar 21 No commentsHow to Dissolve a Corporation in Canada: Legal and Tax Steps
💡To successfully learn how to dissolve a corporation in Canada and avoid ongoing Canada Revenue Agency (CRA) penalties, you usually need to pay off all business debts, file a final…
by lawyerinfo.caMar 21 No commentsHow to Register a Doing Business As (DBA) Trade Name in Canada
💼To legally operate under a brand name different from your personal or corporate legal name, you generally need to register a Doing Business As (DBA) trade name in Canada. This…
by lawyerinfo.caMar 21 No commentsSection 85 Rollover Canada: Transferring Personal Assets to a Corporation Tax-Free
💰Generally, a Section 85 Rollover in Canada allows you to transfer personal assets, like real estate or intellectual property, into your corporation without paying immediate capital gains tax. By receiving…
by lawyerinfo.caMar 21 No commentsShareholder Agreements in Canada: What Happens When a Founder Leaves?
💼When a founder unexpectedly leaves, standard corporate documents generally will not protect your business. Establishing comprehensive Shareholder Agreements in Canada ensures you have clear rules for a Shotgun clause, fair…
by lawyerinfo.caMar 21 No commentsBuying a Business in Canada: Asset Purchase vs Share Purchase Agreement
🤝When buying a business in Canada, the most critical decision is choosing between an Asset Purchase Agreement and a Share Purchase Agreement. Generally, buyers prefer to buy specific assets to…
by lawyerinfo.caMar 21 No commentsCorporate Tax Rates in Canada: Small Business Deduction (SBD) Explained
💼To benefit from the most favourable corporate tax rates in Canada, your business must qualify as a Canadian-Controlled Private Corporation (CCPC). This generally allows you to claim the Small Business…
by lawyerinfo.caMar 21 No commentsNon-Resident Doing Business in Canada: Tax and Legal Requirements
🌎Generally, a non-resident doing business in Canada can operate by registering their foreign company (Extra-Provincial Registration) or creating a new Canadian subsidiary. You will need to navigate specific tax rules,…
by lawyerinfo.caMar 21 No commentsHow to Pay Yourself from Your Canadian Corporation: Salary vs Dividends
💰When deciding how to pay yourself from your Canadian corporation, the main choice is between a traditional salary and corporate dividends. A regular salary generates precious RRSP contribution room and…
by lawyerinfo.caMar 21 No commentsDo I Need a Holding Company in Canada for Tax Purposes?
💼Generally, setting up a holding company in Canada is a powerful strategy to protect your business savings from lawsuits and creditors. By using tax-free inter-corporate dividends, you can safely move…
by lawyerinfo.caMar 21 No commentsSole Proprietorship vs Corporation Canada: Tax Differences Explained
💼When comparing a Sole Proprietorship vs Corporation Canada, the main differences are personal liability and tax rates. A sole proprietorship ties all your business debts directly to your personal assets,…
by lawyerinfo.caMar 21 No comments
Popular & AI Tools
⚖️ Top-Rated Lawyers to Help You in Canada
👨⚖️ Charla Smith and Company Ltd. – Calgary, AB
✨ Free Consultation
🎯 Specialization: Consumer Proposals, Debt Consolidation, Credit Rebuilding
🗣️ Languages: English
📍 Address: 1933 10 Ave SW, Calgary, Alberta
🏢 Est: 2012
👨⚖️ MNP Debt – Moncton, NB
✨ Free Consultation
🎯 Specialization: Consumer Proposals, Personal Bankruptcy, Debt Consolidation, Credit Counselling
🗣️ Languages: English, French
📍 Address: 272 St. George St, Moncton, New Brunswick
🏢 Est: 1958
👨⚖️ Pereira Walter Lawyers LLP – Mississauga, ON
✨ Free Consultation
🎯 Specialization: Wrongful Dismissal, Severance Package Review, Real Estate Closings, Personal Injury Litigation
🗣️ Languages: English, Portuguese
📍 Address: 201 City Centre Dr, Mississauga, Ontario
🏢 Est: 2010
👨⚖️ MNP Debt – Milton, ON
✨ Free Consultation
🎯 Specialization: Consumer Proposals, Personal Bankruptcy, Debt Consolidation, Credit Counselling
🗣️ Languages: English
📍 Address: 336 Bronte St S, Milton, Ontario
🏢 Est: 1958
👨⚖️ Gravitas Légal – Laval, QC
🎯 Specialization: Commercial Litigation, Corporate Law, Franchise Law, Bankruptcy
🗣️ Languages: English, French
📍 Address: 3111 Blvd. Saint-Martin O Suite 400, Laval, Quebec
🏢 Est: 2010
👨⚖️ Reedman Law – Vancouver, BC
🎯 Specialization: Insolvency and Restructuring, Civil Fraud Recovery, Director Liability, CRA Tax Disputes
🗣️ Languages: English
📍 Address: 1030 W Georgia St, Vancouver, British Columbia
🏢 Est: 2018
👨⚖️ Dyson Law Firm – Vancouver, BC
✨ Free Consultation
🎯 Specialization: Brain Injury, Insurance Denials, Estate Litigation
🗣️ Languages: English
📍 Address: 601 W Broadway Suite 400, Vancouver, British Columbia
🏢 Est: 2002
👨⚖️ Lazard & Associates Inc – Ottawa, ON
✨ Free Consultation
🎯 Specialization: Consumer Proposals, Personal Bankruptcy, Debt Counselling
🗣️ Languages: English, French
📍 Address: 1604 Michael St, Ottawa, Ontario
👨⚖️ SPERGEL – Toronto, ON
✨ Free Consultation
🎯 Specialization: Consumer Proposals, Personal Bankruptcy, Debt Consolidation, Credit Rebuilding
🗣️ Languages: English
📍 Address: 307A Danforth Ave, Toronto, Ontario
🏢 Est: 1989
👨⚖️ Lewarne Barristers – Markham, ON
🎯 Specialization: Real Estate Law, Bankruptcy Law, Insolvency
🗣️ Languages: English
📍 Address: 3601 Hwy 7, Markham, Ontario
🏛️ Relevant Courts & Agencies in Canada
🏛️ Courts Administration Service – Calgary, AB
🚶 Walk-ins Welcome
⚙️ Services: Court Records, Certified Copies, Registry Filings
📍 635 8 Ave SW, Calgary, Alberta
🏛️ Supreme Court of Canada – Ottawa, ON
📅 Appt. Recommended
⚙️ Services: Supreme Court Judgments, Case Files, Leave Applications, Hearing Transcripts
📍 301 Wellington St, Ottawa, Ontario
⚖️ Military Police Detachment St. John's – St. John's, NL
⚙️ Services: Military ID, Security Clearance, Police Reports, Incident Verification
📍 145 Churchill Ave, St. John's, Newfoundland and Labrador
🏛️ Newmarket Federal Crown Office – Newmarket, ON
⚙️ Services: Federal Prosecution, Drug Prosecution Team, Regulatory Compliance
📍 50 Eagle St W, Newmarket, Ontario
🏛️ Federal Court – Toronto, ON
📅 Appt. Recommended
⚙️ Services: Registry Office, Judicial Review, Admiralty Court
📍 180 Queen St W, Toronto, Ontario
🏛️ Courts Administration Service – Edmonton, AB
🚶 Walk-ins Welcome
⚙️ Services: Federal Court Records, Certified Copies, Registry Filings
📍 10060 Jasper Ave, Edmonton, Alberta
⚖️ Royal Canadian Mounted Police (RCMP) "D" Division – Winnipeg, MB
🚶 Walk-ins Welcome
⚙️ Services: Federal Policing, Major Crimes Unit, Traffic Services, Operational Communications Centre
📍 1091 Portage Ave, Winnipeg, Manitoba
🏛️ Indigenous and Northern Affairs Canada – Gatineau, QC
📅 Appt. Recommended
⚙️ Services: Secure Certificate of Indian Status, Treaty Annuity Payments, Estate Services
📍 10 Rue Wellington, Gatineau, Quebec
🏛️ Gov't of Canada Courts – Vancouver, BC
⚙️ Services: Federal Court Registry, Tax Court Registry
📍 701 W Georgia St, Vancouver, British Columbia
🏛️ Immigration, Refugees and Citizenship Canada (IRCC) – Kitchener, ON
⚙️ Services: Citizenship Certificates, Permanent Residence Confirmation
📍 29 Duke St E, Kitchener, Ontario
