2025-10-21
How we helped a client decide between a consumer proposal and bankruptcy
A client thought bankruptcy was their only way out. See how a consumer proposal helped them keep their home and repay debt with confidence.
2011-03-29
Hi, You don't state in your question that were discharged from your bankruptcy, but I assume that you were. In that case the answer is that you can be a director of a corporation (non-profit or otherwise) starting the day after you received your discharge. It is only bankrupts who are prevented from being a director. So yes, go ahead and take that role on if you are so inclined. Ian Schofield MNP Regina 306-790-7904 Note: I also don't necessarily agree that you are not bondable, that will depend on the bonding company's assessment at the time the bond is requested. There is no legal prohibition against getting bonded after, or even during, bankruptcy, its a matter of the policies of the particular bonding company.
2025-10-21
A client thought bankruptcy was their only way out. See how a consumer proposal helped them keep their home and repay debt with confidence.
2025-10-20
Alternatives to Bankruptcy Bankruptcy Consumer Proposal Lifestyle Debt MNP Consumer Debt Index
Just when seniors should be relaxing and enjoying the fruits of their labour, many find themselves struggling financially — an unsettling contrast to the ease they’d hoped to live their golden years.
2025-10-17
This is called buyer’s remorse. In some cases, Canadian law provides protections that can help you reverse these costly decisions and avoid sinking further into debt.