Retire Your Debt, So You Can Retire Too
Tara Silliker-12706; Tara Silliker 12706
2019-12-17T14:00:00Z 12/17/2019 2:00:00 PM

Does this sound all too familiar? You started out with the usual plan for most Canadians — get a job, buy a home and save for retirement. As retirement approached, you expected your mortgage would be paid off and you would have a pension or nest egg.

Categories: Lifestyle Debt
Atlantic Canadians Wary and Embarrassed About Seeking Debt Relief
Joe Wilkie-12558; Joe Wilkie 12558
2019-07-29T14:00:00Z 7/29/2019 2:00:00 PM

A new survey conducted by Ipsos on behalf of MNP LTD, shows almost half of Atlantic Canadians (47%) say they would be embarrassed to get help if their financial situation was bad enough to consider Bankruptcy. More than a quarter (28%) of survey respondents say the stigma surrounding Bankruptcy prevents them from seeking help.

Categories: Debt Help;Lifestyle Debt
Consumer Insolvency Rate in Saint John / St. Stephen Region Decreases for First Time Since 2011
2019-06-13T20:00:00Z 6/13/2019 8:00:00 PM

The number of consumer insolvencies per thousand residents in the area, aged 18 years or above, decreased to 7.4 in 2018.

Categories: Bankruptcy;Consumer Proposal
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

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