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The Six Steps Involved In Getting Out Of Bankruptcy
24/04/2015
Wesley Cowan
Bankruptcy
Anyone wishing to file for personal bankruptcy in Canada will have to go through six key steps prior to receiving their discharge from bankruptcy.
Read More arrow_forwardMNP Ltd. Regina Wins the 2015 Consumer Choice Award – Bankruptcy Trustee
01/04/2015
Pamela Meger
Bankruptcy
Ian Schofield and Pamela Meger, the Trustees who manage our Insolvency Services practice in Regina are very pleased to announce that MNP Ltd. has been chosen as the Consumer Choice award winner for the Regina area in the 2015 Bankruptcy Trustee category....
Read More arrow_forwardThe Pros And Cons Of Bankruptcy
18/03/2015
Bradley Milne
Bankruptcy
If you have severe debt problems, filing for bankruptcy may be an option. However, it is a decision that should not be taken lightly. Consider some of the following pros and cons of filing for bankruptcy:
Read More arrow_forwardWill I Go Through Bankruptcy Alone?
24/02/2015
Ian Schofield
Bankruptcy
The answer is no. A Government-Licensed Trustee will be there to help you through the process.
Read More arrow_forwardBankruptcy Cautions: What They Mean For Your Home In Saskatchewan
04/02/2015
Ian Schofield
Bankruptcy
An exempt asset is defined under the laws of each province. Exempt assets are retained by the owner in the event of a bankruptcy and not accessible by that individual’s creditors.
Read More arrow_forwardWho Will Find Out If Ive Declared Personal Bankruptcy
19/01/2015
Bradley Milne
Bankruptcy
Bankruptcies and consumer proposals are government legislated options that may assist you in addressing your debt problems. In either proceeding, the bankruptcy or consumer proposal is filed with the Office of the Superintendent of Bankruptcy (OSB) and...
Read More arrow_forwardSgi Claims In A Bankruptcy In Saskatchewan
09/01/2015
Ian Schofield
Bankruptcy
Consumer Proposal
Generally when you file for bankruptcy or make a proposal to your creditors, unsecured debts will be released. Section 178 of the Bankruptcy Act lists the only debts that survive a bankruptcy or Consumer Proposal.
Read More arrow_forwardExempt Assets Under Bankruptcy Insolvency Act: Good Credit Versus Bad Debts
07/01/2015
Bankruptcy
Consumer Proposal
A former colleague of mine used to send out letters to consumers with two specially packaged Tylenol attached, along with a brief message that said, “ Taking these two tablets will make your headache disappear, but it will not provide permanent...
Read More arrow_forwardThe Top 9 Mistakes To Avoid When Considering Filing For Bankruptcy
01/12/2014
Bankruptcy
When your financial situation gets too complicated for you to resolve on your own, you may be considering various debt relief solutions.
Read More arrow_forwardRESPs in Alberta Soon to be Exempt in the Event you File for Bankruptcy
25/03/2014
Donna Carson
Bankruptcy
Certain amendments to legislation in Alberta received Royal Assent and are to be coming in to force effective April 1, 2014. One of these changes will be that RESPs (“registered education savings plans”) will be exempt.
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