2025-09-12
To be or not to be — a director. That is the question.
Thinking of becoming a company director in Canada? Sure, it’s an impressive title. But it’s also a serious legal responsibility.
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
2025-09-04
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.
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.
