2008-07-21
Hello, Bankruptcy does not interfere with secured creditors. If you are not behind in your payments it is likely that the secured creditor will allow you to continue with the payments and therefore you would not lose the car. In Manitoba you also have a $3,000 equity exemption for a vehicle provided you are working. The exemption applies to the bankruptcy estate and does not prevent a secured creditor from enforcing their security however if there is no equity in the vehicle (and/or it is fully secured) you should be able to keep it. For more information contact an MNP Trustee in your area. Brad Milne Trustee in Bankruptcy Brandon, Manitoba
2025-03-05
MNP Consumer Debt Index Lifestyle Debt Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, two in five Atlantic Canadians acknowledge they need help to get out of debt (43%).
2025-03-05
MNP Consumer Debt Index Lifestyle Debt Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, two in five Atlantic Canadians acknowledge they need help to get out of debt (43%).
2025-03-05
MNP Consumer Debt Index Lifestyle Debt Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, three in 10 (29%) Saskatchewan and Manitoba residents acknowledge they need help to get out of debt.
