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.
Spousal Debt Mental Illness
2010-03-28
The most important point to make is that you are not liable for your spouses debt, ever, unless you have guaranteed or co-signed the debt. Accordingly your husband's creditors cannot pursue you for the debt, only him, and can only garnishee his wages (of which he has none) or seize his non-exempt assets. Please feel free to contact me and I will advise which assets are, and are not, exempt. If you have power of attorney, or have been appointed by the court, you can also, if necssary, have him placed in bankruptcy, file a proposal etc. Ian Schofield MNP Regina 306-790-79004
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.
