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.
Vehicles And Bankruptcy
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
Latest Blog Posts
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.
2025-09-02
MNP’s Atlantic Canadian guide to affordable fun
Lifestyle Debt
Have fun on a budget with our guide to affordable activities in Atlantic Canada.
