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Define Conditional Discharge: Why Your Canadian Bankruptcy Isn't Over Yet! THIS BRANDON’S BLOG GOES LIVE ON MONDAY, JUNE 29, 2026 AT 12:00 NOON Define Conditional Discharge: Why Your Canadian Bankruptcy Isn't Over Yet! Think filing for bankruptcy in Canada automatically wipes the slate clean? Think again. In this video, Brandon Smith from Ira Smith Trustee & Receiver Inc. breaks down the "Conditional Discharge"—a critical stage in the Canadian bankruptcy process that many people don't see coming. If the Court issues a conditional discharge, you are NOT yet released from your debts. We’ll cover: ✅ What is a conditional discharge under the Bankruptcy and Insolvency Act (BIA)? ✅ The difference between an Absolute, Conditional, and Suspended discharge. ✅ Why a Licensed Insolvency Trustee (LIT) or a creditor might object to your "fresh start." ✅ Real-world examples of conditions (Surplus income, failure to perform duties, or "Ms. Li" st...

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CCAA RESTRUCTURING: IS IT EVER TOO LATE TO SAVE YOUR CANADIAN BUSINESS FROM BANKRUPTCY? THIS BRANDON’S BLOG GOES LIVE ON MONDAY, JUNE 1, 2026 AT 12:00 NOON CCAA RESTRUCTURING: IS IT EVER TOO LATE TO SAVE YOUR CANADIAN BUSINESS FROM BANKRUPTCY? Is your company facing overwhelming debt but still has a viable future? In Canada, the Companies’ Creditors Arrangement Act (CCAA) is the ultimate legal framework designed to give large-scale businesses a second chance. In this video, Brandon Smith, Licensed Insolvency Trustee at Ira Smith Trustee & Receiver Inc., breaks down the CCAA restructuring process. We move past the legal jargon to show you how a "Stay of Proceedings" can stop creditor action in its tracks and give your management team the breathing room needed to implement a Plan of Arrangement. What you will learn in this video: ✅ The $5 Million Threshold: Is your business eligible for CCAA? ✅ The Role of the Court-Appointed Monitor: Why you need a Licensed Insolven...

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