Hoyle (Estate) v Gibson-Heath, 2017 ONSC 4481 (CanLII) This is a recent court case involving a debtor who was convicted of fraud and subsequently went bankrupt. The issue: will debt arising… Read More
A Quora user asks: What happens to debt upon the death of a debtor? Victor Fong, Licensed Insolvency Trustee in Toronto, Canada answers: I’m going to answer from a Canadian perspective… Read More
Question asked on Quora: Can a corporation file for bankruptcy to avoid a lawsuit and the same owners then open same business under a new corp? The representatives of the corporation cl… Read More
Question from Quora, asked by Kayee Tong: Is it possible to rack up debt to reduce the chance of lawsuits by threatening default and bankruptcy protection to a potential lawsuit? Here i… Read More
Question asked by James “Seamus” Lusk, on Quora: If a Limited Liability Company goes bankrupt, can the company’s creditors go after the owner’s personal assets?… Read More
Question from Randy14U on Reddit AMA: Hi Victor, I may have to go bankrupt but my wife doesn’t have to as she doesn’t have the mountain of debt that I have. We have about $8… Read More
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