Are RRSPs Affected by Bankruptcy?
Tara Silliker-12706; Tara Silliker 12706
2017-02-23T17:00:00Z 2/23/2017 5:00:00 PM

An RRSP is an asset of a bankruptcy estate, however subject to exemptions provided by both provincial and federal legislation. It is the exemptions afforded a bankrupt that permits an individual to retain certain assets, while permitting them to access bankruptcy proceedings and obtain relief from their burdening debt.

Categories: Bankruptcy
Consumer insolvencies 'staggering compared to past years'
Zaki Alam-2446 Zaki Alam 2446
2016-07-22T22:00:00Z 7/22/2016 10:00:00 PM

MNP LTD Trustee Zaki Alam was interviewed by the numerous media outlets to discuss insolvency increase in Edmonton. The original article was originally posted online on numerous media outlets between June 27 - June 29, 2016.

Categories: Debt Help;Press and Media;In the Community
Three Advantages of filing for a Consumer Proposal vs. a Bankruptcy
Sandra Landry-10647 Sandra Landry 10647
2016-07-12T22:00:00Z 7/12/2016 10:00:00 PM

Debt becoming unmanageable and you’re looking for a way to avoid bankruptcy? Let’s discuss the pros of a Consumer Proposal.

Categories: Alternatives to Bankruptcy;Consumer Proposal;Bankruptcy
Dad Knows Best – Five Tips on Budgeting Worth Passing Down
Sandra Landry-10647 Sandra Landry 10647
2016-07-04T19:00:00Z 7/4/2016 7:00:00 PM

Our parent’s generation might seem disconnected from modern times, but when it comes to budgeting – Dad often knows best!

Categories: Lifestyle Debt
'It's going to become the norm': Debt delinquencies rise in Edmonton by 21%, in Calgary by 17%: report
Sandra Landry-10647 Sandra Landry 10647
2016-04-01T14:00:00Z 4/1/2016 2:00:00 PM

As Albertans continue to face a difficult economic climate, increased job losses and a dropped loonie, it’s not surprising to learn that debt in the province is on the rise – and consumers are having a difficult time keeping up with their debt payments.

Categories: Press and Media;In the Community
Insolvency Rates in Alberta Climb as the Economic Downturn Wears On
Zaki Alam-2446 Zaki Alam 2446
2016-03-31T16:00:00Z 3/31/2016 4:00:00 PM

With a continual downturn in the price of oil, a barrage of layoffs and a weakened Canadian dollar, making it from one debt payment to the next has become a significant challenge.

Categories: Press and Media;In the Community

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