Personal Bankruptcy (and Its Alternatives) Explained

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Bankruptcy Exemptions (Canada): https://bankruptcy-canada.com/bankruptcy/bankruptcy-exemptions-what-you-keep/
Bankruptcy Exemptions (US): https://www.thebankruptcysite.org/exemptions/federal.html
Exceptions to Discharge (Canada): https://www.ic.gc.ca/eic/site/bsf-osb.nsf/eng/br02677.html
Exceptions to Discharge (US): https://www.law.cornell.edu/uscode/text/11/523

Bankruptcy is something no one hopes to deal with, and yet we're never actually taught how the process works if we ever fall on hard times. We cover the basics (and its alternatives) in today's video

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DISCLAIMER:
This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer).