2025-06-30
Who Can File For Bankruptcy
Bankruptcy
There are several common scenarios which may cause you to wonder whether personal bankruptcy is an appropriate option to get out of debt.
2014-07-02
Your bankruptcy does not automatically lead to the bankruptcy of your spouse. The fact that you are married or living common-law has no effect during bankruptcy. It is mostly your shared assets and debts that may have consequences for your spouse. Here is an overview:
All goods belonging to your spouse (furniture, vehicles, RRSP, investments) will not be part of your bankruptcy assessment. Nevertheless, it should be noted that certain transactions made before declaring bankruptcy, such as the transfer of goods (vehicle, house) can, in certain cases, be reviewed by your property management company.
Since each situation is different, we suggest that you contact an MNP trustee who will be able to provide you with sound information.
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.
2025-06-30
Debt Solutions
Here are the four stages of debt collection you can expect.
2025-06-30
Credit Counselling
Here are the ABC’s of dealing with creditors and debt collectors.