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.
Given today’s struggling economy, weakened loonie and in some provinces, an increasing unemployment rate – it’s no surprise to learn that many Canadian individuals and companies are struggling to stay afloat. And while bankruptcy is nobody’s favorite topic, it’s fast becoming a debt solution that many are coming to rely on as they struggle to get back on track financially. A big question for many (businesses especially), will be ‘how can I protect my assets?’
MNP LTD Licenced Insolvency Trustee Pamela Meger was interviewed by the Estevan Mercury to discuss asset protection. The original article was originally posted online at Estevan Mercury on September 21, 2016.
2025-09-04
Bankruptcy
The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.
2025-08-01
Bankruptcy
If you’re struggling with your finances and heading toward bankruptcy, you may think it makes sense to sell or transfer some of your assets.
2025-06-30
Bankruptcy
There are several common scenarios which may cause you to wonder whether personal bankruptcy is an appropriate option to get out of debt.