2025-08-14
How to budget for summer vacation
Vacation costs can add up quickly without proper planning. This guide can help you budget so that you can make the most of your trip without overspending.
What Happens If I Get Married After I Have Filed For Bankruptcy
2011-09-05
Hello, Your bankruptcy would not show on your spouse's credit report, however, they could be affected if you have joint debt - e.g. companion credit cards, co-borrowers on a loan. If you have joint debt, your spouse would remain liable for those particular debts. The Trustee will not have an interest in assets that are owned by your spouse. However, there are potential issues that could arise. For example, in Manitoba people often host a social for the couple getting married. This would result in a "windfall" or gift of cash for the couple and the Trustee may potentially have an interest in one-half of such funds. The Trustee must monitor the monthly income and expenses of the bankrupt's household. This would include the income of your spouse assuming you are residing together and may result in you having "surplus" income. The concept of "surplus" payments in bankruptcy is mentioned throughout our website. The best thing to do is contact a Trustee in your local area and have a discussion of your unique situation. Brad Milne, CIRP Trustee in Bankruptcy
Latest Blog Posts
2025-08-05
How to budget when you’re unemployed
Bankruptcy Consumer Proposal
Losing your job can be frustrating and, even more so, managing your financial wellbeing while you’re unemployed. However, you can successfully navigate the situation with the right budgeting tips.
- First steps to take when you become unemployed
- Managing your expenses
- Seeking professional help
2025-08-04
How to Deal with Unexpected Medical Expenses
Since it’s impossible to predict or prevent most medical conditions or emergencies, the best way to handle them is by planning and preparing for them.
