2009-05-07
Yes...someone can file for bankruptcy when they are unemployed. In fact, with the economic situation as it is currently and more layoffs than in recent years, it is a common cause of financial troubles. And sometimes a common cause of bankruptcy. I would recommend that you contact one of our Trustees in your region before your bills fall too far behind. There are other options available besides a bankruptcy. But the Trustee can also review how a bankruptcy would affect you as well. Once actions are started by creditors, some of the other options may not be available to you any longer. Our list of our Alberta Trustees in your region can be found at http://www.mnpdebt.ca/contact/alberta/default.aspx. Other provinces are on our home page at http://www.mnpdebt.ca/contact/default.aspx under the Contact Us link. Donna Carson, CGA, CIRP, Trustee 1.877.500.0792 [email protected]
2025-07-14
MNP Consumer Debt Index
Nearly half of Albertans (47%, +2 pts) report they are $200 or less away from financial insolvency each month — more than those in any other province — according to the latest MNP Consumer Debt Index.
2025-07-14
MNP Consumer Debt Index
Nearly two-thirds of Quebecers say they desperately need interest rates to go down (63%, -2 pts), according to the latest MNP Consumer Debt Index.
2025-07-14
MNP Consumer Debt Index
Younger adults and lower-income households are most likely to report stress, stalled life plans, and living paycheque to paycheque.
