For many Canadians the word Bankruptcy looks like this: B##%&@!*&y. It doesn’t have to be a bad word. There are many situations that we might find ourselves in that call for bankruptcy as a viable solution to financial success. It might sound ridiculous but let’s not forget that the path to financial success is built upon knowing what to do now in order to be prepared for the future. Although in some cases it is a good option, don’t take the decision lightly.