2025-05-07
How to be a responsible credit card user
Credit cards are a popular and convenient form of credit that can be a very useful tool.
What Happens To A Person If They Die During Bankruptcy Can The Estate Of A Deceased Person Be Placed In Bankruptcy
2010-03-28
Firstly, the estate of a deceased person can be placed in bankruptcy - the executor needs to have the propoer authority to do so, but the process is not much different that you see described in our website. Secondly, if a person dies while bankrupt the bankruptcy still continues, their funeral costs may be the first claim on an assets in the bankruptcy and the process otherwise continues as normal. The only other change may be that an asset that was exempt (for example, a vehicle required for work) may cease to be exempt and would be dealt with in the bankruptcy. This would largely depend on the will, who the beneficiaries are etc. Please call me at the number below if you would like to discuss this in more detail. Ian Schofield MNP Regina 306-790-7904
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2025-04-25
Understanding debt collection in Canada: Protecting your financial health
Debt collection can be a daunting experience for many Canadians. Navigating the process alongside MNP’s team of experts can help you better understand how it will impact your credit score and gain the knowledge needed to maintain your financial health well into the future.
2025-04-25
Top five mistakes to avoid when considering filing for bankruptcy
Bankruptcy
Filing for Bankruptcy is a significant decision that can provide a fresh start for Canadians overwhelmed by debt. However, it’s essential to approach this process with caution and awareness to avoid common pitfalls and make informed decisions to protect your financial future.
