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.
How Long Is A Second Time Bankruptcy
2009-08-05
If you’ve been bankrupt before, then you will not qualify for what is known as an “automatic discharge” after 9 months. Instead, the trustee will have to set an appointment with the courts, and the courts will make the decision on how long you will be in bankruptcy. The length of time will depend on a number of factors – how long ago the first bankruptcy occurred, the reasons for both bankruptcies, and other things. Generally, you will be in bankruptcy at least a further 3 months (for a total of 12 months), but it could be longer than that depending on the factors discussed above as well as the locality of the court. Wendy McMurtrie Meyers Norris Penny Limited 778-571-3520 [email protected]
Latest Blog Posts
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.
