2025-08-14
How to budget for summer vacation
Vacation costs can add up quickly without proper planning. This guide can help you budget so that you can make the most of your trip without overspending.
Bankruptcy 101 Step 5 Fresh Start
2011-11-21
Upon discharge, an individual is released from his or her debts and will generally have no further obligations to the trustee. At this point, an individual has a fresh start and can move forward in a positive direction. A first-time bankruptcy will stay on an individual’s credit record for a period of six years following discharge. Despite the notation on the credit bureau, an individual can begin to rebuild credit immediately following bankruptcy.Click here for tips on rebuilding credit after bankruptcy. The foregoing is intended to provide a general overview of the bankruptcy process in Canada. For specific information on how bankruptcy will affect you - and to find out if there are other options - please contact a trustee at MNP Ltd. in your area.More from this series:Step 1 - Meet with a Trustee to Review Your OptionsStep 2 - Filing for BankruptcyStep 3 - Being in BankruptcyStep 4 - Discharged from Bankruptcy
Latest Blog Posts
2025-08-05
How to budget when you’re unemployed
Bankruptcy Consumer Proposal
Losing your job can be frustrating and, even more so, managing your financial wellbeing while you’re unemployed. However, you can successfully navigate the situation with the right budgeting tips.
- First steps to take when you become unemployed
- Managing your expenses
- Seeking professional help
2025-08-04
How to Deal with Unexpected Medical Expenses
Since it’s impossible to predict or prevent most medical conditions or emergencies, the best way to handle them is by planning and preparing for them.
