2025-08-14
How to budget for summer vacation
Vacation costs can add up quickly without proper planning. This guide can help you budget so that you can make the most of your trip without overspending.
House Equity Income Tax Debts
2010-01-05
Hello, 1) If you file for bankruptcy, the Trustee will take on a one-half interest in the home given that you had a one-half share previously. If there is equity in the home, you may be able to buy back this equity in a monthly payment. If the equity is substantial, the house could potentially be sold by the Trustee, however, this can be complicated given a limited one-half interest. If there is no equity and you have a mortgage on the property, you would just continue making the monthly mortgage payments as bankruptcy does not interfere with a secured creditor. As you can see, there are a number of variables to consider. 2) Income tax debt is discharged or forgiven in bankruptcy. Brad Milne, CIRP Trustee in Bankruptcy Brandon, Manitoba
Latest Blog Posts
2025-08-05
How to budget when you’re unemployed
Bankruptcy Consumer Proposal
Losing your job can be frustrating and, even more so, managing your financial wellbeing while you’re unemployed. However, you can successfully navigate the situation with the right budgeting tips.
- First steps to take when you become unemployed
- Managing your expenses
- Seeking professional help
2025-08-04
How to Deal with Unexpected Medical Expenses
Since it’s impossible to predict or prevent most medical conditions or emergencies, the best way to handle them is by planning and preparing for them.
