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.
Reimbursement For Expenses After Bankruptcy
2009-02-02
After you file for bankruptcy, you will provide your Trustee with a report each month accounting for all of your income, and all of your expenses. In month #1....you would be reporting a medical expense. In month #2....you would be reporting a reimbursement of that expense. The net effect over the 9 months of your bankruptcy is a wash. You have no "net" income to report. In fact, if your group plan doesn't cover 100% of your expenses, you will have a net expense to report. Don't hesitate to contact one of our Trustees in your area if you want to discuss the specifics of this reporting. Donna Carson, CGA, CIRP, Trustee Calgary, Airdrie, Drumheller regions 1.877.500.0792 [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.
