2025-10-21
How we helped a client decide between a consumer proposal and bankruptcy
A client thought bankruptcy was their only way out. See how a consumer proposal helped them keep their home and repay debt with confidence.
My Cousin Claimed Bankruptcy A Couple Years Ago And Of Course Is Having Trouble
2010-04-20
Hello, This sounds like a question for a credit bureau as Trustees in Bankruptcy do not manage this information. That being said, I don't think this is an option. A bankruptcy shows up on your credit report for approximately 6 years after you are discharged, so for a first time bankrupt who received a Certificate of Discharge or "Automatic Discharge" after 9 months, the bankruptcy would appear on your credit report for approximately 7 years. Again, I would suggest that you contact a credit bureau (e.g. Equifax or TransUnion) to determine if this is possible. I'm not aware of any cases where this has occurred. Brad Milne, CIRP Trustee in Bankruptcy Brandon, Manitoba
Latest Blog Posts
2025-10-20
Seniors and Debt
Alternatives to Bankruptcy Bankruptcy Consumer Proposal Lifestyle Debt MNP Consumer Debt Index
Just when seniors should be relaxing and enjoying the fruits of their labour, many find themselves struggling financially — an unsettling contrast to the ease they’d hoped to live their golden years.
2025-10-17
How buyer’s remorse laws can help you stay out of debt
This is called buyer’s remorse. In some cases, Canadian law provides protections that can help you reverse these costly decisions and avoid sinking further into debt.
