I Have Approximately 4 Small Debts With Credit Card Companies And A 7500 Unsecur

2010-04-14

Hello, I think it would be premature to say that you should file for bankruptcy.  I would suggest that you meet with a Trustee for an assessment of your situation.  Most Trustees do not charge for the assessment.  They will review what you have for debts and assets, consider your monthly cash flow, and discuss your options along with the benefits and negative aspects of each. If you do not reside near an urban centre where there is a Trustee, an assessment of your situation may be conducted by telephone. If you have not been served with notice of a court proceeding, it would suggest that no creditor is considering garnishment of your wages yet.  Take the time to determine what is the best solution for you. Brad Milne, CIRP Trustee in Bankruptcy Brandon, Manitoba

Latest Blog Posts

2025-09-04

Will Bankruptcy Erase All Of My Debt?

Mary Plahouras Rob Shier

Bankruptcy

The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.

Read More

2025-09-02

How to budget when you’re living paycheque to paycheque

Caryl Newbery-Mitchell

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.

Read More

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.

Read More

Consultation icon