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]
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.
