2024-09-25
What happens if I don’t fulfill my duties during a Bankruptcy?
Bankruptcy
If you’re going through a personal Bankruptcy, one of your main goals is to obtain your discharge — that is, to have your debts cleared so you can start fresh.
Saskatchewan Oil Gas And Insolvency
As unemployment continues to roll through Saskatchewan and the value of Canadian oil continues to slump on the global market, households across the province are finding themselves on the bring of financial ruin. With severance cheques and Employment Insurance running their final course, thousands have found themselves relying on credit to help them pull through the daily costs of living, sending them deep into debt and in search of viable insolvency solutions and debt advisors.
MNP’s Pamela Meger recently spoke with CBC about the direct link between the Oil & Gas industry and Saskatchewan insolvencies in an original article published online on February 3, 2017.
Pamela Meger
CIRP, LIT
Senior Vice-President
Servicing: Weyburn, Swift Current, Regina, Estevan, Moose Jaw, Yorkton
Latest Blog Posts
2024-06-10
Life after Bankruptcy
Bankruptcy
The fresh start you obtain after filing a Consumer Proposal or Bankruptcy offers many new paths for managing your day-to-day needs and planning for your future.
2024-05-30
How Often Can You File For Bankruptcy (MNP 3 Minute Debt Break)
Bankruptcy
Canadians are facing a cost-of-living crisis. With rampant inflation, many have taken on more debt just to make ends meet. With interest rates still high, some households might be considering declaring Bankruptcy for the first, second, or even a third time.
If this sounds like you, don’t worry — many people are in the same situation, and it isn’t anything to be ashamed of. Filing for Bankruptcy or entering a Consumer Proposal might be the solution you need to relieve financial stress and get a fresh start.
