2010-10-25
Once you have filed for bankruptcy, your options would be to: - obtain a discharge from that bankruptcy - if you still remain in bankruptcy and your circumstances have changed, you can look at filing a proposal. From your email, I'm gathering that things have changed since you filed for bankruptcy. And you now have the ability to repay your creditors. An undischarged bankrupt can file a proposal to repay his debt. If successful, this would annul your bankruptcy. It would leave the proposal on your credit rating for 3 years from the time you complete it....rather than the bankruptcy for 6 or 14. This proposal can be filed with another Trustee if you like...doesn't have to be your current Trustee. Give us a call if you like to discuss this option further. Our Trustees can be found on our site athttp://www.mnpdebt.ca/contact/alberta/default.aspx. Or contact me directly below. Donna Carson, CGA, CIRP, Trustee 1.877.500.0792 [email protected]
2025-04-25
Debt collection can be a daunting experience for many Canadians. Navigating the process alongside MNP’s team of experts can help you better understand how it will impact your credit score and gain the knowledge needed to maintain your financial health well into the future.
2025-04-25
Bankruptcy
Filing for Bankruptcy is a significant decision that can provide a fresh start for Canadians overwhelmed by debt. However, it’s essential to approach this process with caution and awareness to avoid common pitfalls and make informed decisions to protect your financial future.
2025-04-24
Filing a Consumer Proposal can feel overwhelming, but it’s not the end of your financial journey.
