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.
2008-07-10
Effective: Became law on July 7, 2008 Purpose: To provide payment of outstanding wages to individuals whose employers become bankrupt or are subject to a Receivership Eligibility: A worker must have his or her employment ended as a result of his or her employer filing for bankruptcy or being subject to a receivership, and that worker must be owed wages and vacation pay earned during the six months prior to the date of bankruptcy/receivership. Officer and Directors of the Employer are not eligible. Benefit Amounts: A worker may claim up to and receive from WEPP directly an amount equaling four weeks maximum insurable earnings under the Employment Insurance Act, currently about $3,000. Some exceptions apply. If you have questions, contactYvonne Sutton at: 250-979-1739 or contact your localMNP Trustee.
2025-09-04
Bankruptcy
The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.
2025-09-02
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
Lifestyle Debt
Have fun on a budget with our guide to affordable activities in Atlantic Canada.