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Retailer Bankruptcy

If a retailer files for bankruptcy, and there is stock on his premises that has been sold and paid for but not picked up,will the owner of those item(s) be able to claim them, with proof of purchase?

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Summer Job Spare Yourself The Debt Get A Summer Job

Looking to build a financial buffer? Summer is the perfect season to pick up a second job and save up a contingency nest egg!

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Surplus Income Now Determines The Length Of Time A Bankruptcy Lasts

The recent amendments to the Bankruptcy and Insolvency Act now change the length of time a person is required to stay in Bankruptcy.

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The Time For Asset Protection Planning Is Now

As bankruptcies are being filed in record numbers by both consumers and businesses alike, many are wondering how to protect their assets.

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The Struggle With Rising Debt

Struggling with rising debt? MNP Bankruptcy Trustee Dean Prentice discusses increased debt loads and how consumers can manage them in our latest blog.

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With The Cost Of Housing Through The Roof In Hamilton Consumer Debt Follows Suit

MNP’s David Gowling recently discussed Hamilton’s growing debt issues on the Scott Radley Show.

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Who Will Find Out if I Declared Bankruptcy?

Filing for personal bankruptcy still carries a powerful stigma in this country. Mere mention of the word conjures up thoughts of irresponsible consumers who couldn't be bothered to figure out a reasonable budget.

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Transfer Of Assets Prior To Bankruptcy

If I were to declare bankruptcy and I have recently transferred a jointly owned/purchased camper to my spouse what effect will that have on my bankruptcy.

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Is Bankruptcy the Best Option for You?

Only a government licensed Trustee in Bankruptcy can file a bankruptcy on your behalf in Canada. As part of this process, your Trustee will first conduct a comprehensive assessment of your financial situation to determine if a bankruptcy is your best option and an appropriate course of action.

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Insolvency Rates In Alberta Climb As The Economic Downturn Wears On

With a continual downturn in the price of oil, a barrage of layoffs and a weakened Canadian dollar, making it from one debt payment to the next has become a significant challenge.

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