2025-09-04
Will Bankruptcy Erase All Of My Debt?
Bankruptcy
The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.
Foreign Creditors In A Canadian Bankruptcy
2009-06-01
If you file a bankruptcy under Canadian law, the California creditor has to abide by Canadian law if it plans to take collection action in Canada. i.e., a Canadian bankruptcy will stop collection action in Canada by a foreign based creditor. There are a few creditors who can still collect in a bankruptcy, but if the California creditor is a credit card issuer, bank, retailer, etc., they would be stopped by the bankruptcy. If you have assets in the U.S., you should get in touch with one of our trustees - that gets a little bit more complicated. Also, if you were to move to the U.S., Canadian law doesn't apply there and that creditor could resume collection action against you in the U.S. Judy Scott Meyers Norris Penny Limited [email protected] 604-949-2100
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2025-09-02
How to budget when you’re living paycheque to paycheque
Lifestyle Debt Debt Solutions
You already know the many benefits of skilled money management. The fact you’re reading this blog post says at least that much. Your challenge, like for most households, is how to navigate the seemingly infinite demands on your frustratingly finite income.
2025-09-02
MNP’s Atlantic Canadian guide to affordable fun
Lifestyle Debt
Have fun on a budget with our guide to affordable activities in Atlantic Canada.
