2009-07-31
I'm sorry to hear about your situation. You are doing the right thing though by asking for advice so that you can make some tough decisions. The first step is to either sit down with one of our Trustees or counsellors, or have this meeting over the phone, so that we can get some information about your specific situation. IE: who are your creditors, how much do you owe them, what kinds of assets do you own, and what does your budget currently look like. Once we have that information, we will explain all of the different options out there...including a bankruptcy. The costs of a bankruptcy are regulated by the federal government. They are partially based on what your earnings are. So during that initial meeting, we will be able to tell you what your payments would be in a bankruptcy. So........the first step is to contact one of the Trustees or counsellors in your area. You can find our contact information on our website at http://www.mnpdebt.ca/contact/default.aspx. Or contact me directly and I will put you in touch with the right person. Regards, Donna Carson, CGA, CIRP, Trustee 1.877.500.0792 [email protected]
2025-06-19
With the school year beginning and thousands of Canadian students beginning a new semester of post-secondary studies, all those hard-earned dollars from summer gigs are now being applied to tuition, books, transportation, housing, and supplies.
2025-06-18
The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.
2025-06-16
Bankruptcy Alternatives to Bankruptcy
Let’s review what a Consumer Proposal is, as well as the pros and cons of filing a Proposal, to help you determine if it’s the right solution for your unique situation.
