2025-05-07
How to be a responsible credit card user
Credit cards are a popular and convenient form of credit that can be a very useful tool.
Exempt Assets When Filing For Bankruptcy In Saskatchewan
2012-01-04
**Please note: As of May 28th, 2012, there has been a change in the exempt assets for non-farmers in Saskatchewan** Pleaseclick here to view these changesHousehold furniture and personal effects to a value of $4,500 per person;Tools of the trade to a value of $4,500;A motor vehicle, if required for employment;Equity in personal residence to a value of $32,000 ($64,000 if jointly owned) to a maximum of $128,000 if held by four parties;Certain life insurance policies;RRSPs, RRIFs and DPSPs are exempt from seizure.Additional ResourcesFor more information, pleasecontact me directly or consult ourBankruptcy FAQ. For farmers in Saskatchewanclick here and see below for details on exempt assets in other Provinces:British ColumbiaAlbertaManitobaOntarioQuebec
Latest Blog Posts
2025-04-25
Understanding debt collection in Canada: Protecting your financial health
Debt collection can be a daunting experience for many Canadians. Navigating the process alongside MNP’s team of experts can help you better understand how it will impact your credit score and gain the knowledge needed to maintain your financial health well into the future.
2025-04-25
Top five mistakes to avoid when considering filing for bankruptcy
Bankruptcy
Filing for Bankruptcy is a significant decision that can provide a fresh start for Canadians overwhelmed by debt. However, it’s essential to approach this process with caution and awareness to avoid common pitfalls and make informed decisions to protect your financial future.
