2025-08-01
How does filing for Bankruptcy affect your employment and salary?
If you are considering filing for Bankruptcy, it is important to understand the impact on your employment and salary.
What Are The Steps In Filing Bankruptcy
2011-12-06
Watch the video or read below for more information Step 1 The first step is deciding you need help with your money problems.Step 2 Contact an MNP Trustee for a 1st meeting at no cost.Step 3 Bring in your statements or a list of debts, a list of your assets, a proof of your income and a detailed budget (monthly net revenues & expenses).Step 4 Your trustee will discuss with you the options. Then if bankruptcy is the best option, the trustee will prepare what’s called a Statement of Affairs – which includes a list of all your creditors and assets. It will then be filed with the Government to make it official. From this moment you are protected by theBankruptcy and Insolvency Act and your creditors will be informed a few days later. For more question about bankruptcy, please refer to ourBankruptcy FAQ.
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2025-08-01
Three effective strategies to help you manage financial stress
Lifestyle Debt
Household debt ratios continue to break records across the country. And as more and more people are working to service that debt, many are unable to set aside savings for unexpected expenses.
2025-08-01
Transferring Assets Before Bankruptcy: Why You Should Consult a Trustee
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.
