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.
Can You Declare Personal Bankruptcy For Only One Of Your Creditors
2009-12-17
If you declare personal bankruptcy, you are required to list all of your creditors and they, in turn, must be notified by the Trustee of your bankruptcy filing. Once bankruptcy occurs, creditor protection begins and your creditors are barred from collecting the outstanding debts from you. One of the aims of the Canadian bankruptcy system is to ensure that your creditors are treated equally and that no creditor receives preferred treatment over others. Therefore, you cannot exclude smaller creditors from the bankruptcy process. If you have further questions about your creditors or other aspects of your situation, please call an office in your area and we would be happy to assist you. Regards, Lana Gilbertson, Trustee MNP - Vancouver 604 637 1599
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2025-10-20
Seniors and Debt
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
How buyer’s remorse laws can help you stay out of debt
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.
