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.
Just think how easy it would have been to decide which car to buy when the Ford Model-T was the hottest set of wheels on the market. In today’s automotive market place there are literally hundreds of different choices of auto products. Cars, trucks, minivans, SUVs, CUVs, hybrids, diesels, two door, four door, five door, extended cab, long box, four wheel drive, two wheel drive, CVT transmission, dual clutch, tiptronic, manual; and the list is endless.