MNP LTD Trustee Ian Schofield was interviewed by Discover MooseJaw to discuss the increase in insolvencies in Saskatchewan. The original article was originally posted online at Discover MooseJaw on April 5, 2016.

I completed my studies 10 years ago and my student loans are in collection with a collection firm. I took another course 3 years ago that didn't result in any other student loans, can I still declare bankruptcy?

I don't make a lot of money and owe about 8,000. I don't won anything except a car year 2000 which needs $1000 worth of work. What do I stand to loose and how fast can I do this. Is there any money up front I need to pay you or can it be settled slowly. How long will I be in bankruptcy?

Can I still operate a business if I go into bankruptcy?

I borrowed money from my in-laws, will they find out about my bankruptcy? My wife's relationship with her parents will be terribly strained if they find out we are unable to repay them.

I am a contractor and carry approximately $10,000 in accounts receivables at any one time. Will the Trustee contact my clients and seize the accounts receivables if I file for bankruptcy? I am concerned I will loose my customers if a Trustee notifies them.

my wife and i separated last aug. we both have large credit card bills. should i file for bankruptcy before or after our divorce. she tells me she is going to file for bankruptcy as well

It is hard to believe that Christmas is only two weeks away, but step into any retail establishment and you’ll be sure to notice the holiday displays and buzz.

With the Bank of Canada holding interest rates at record lows, Canadians have felt confident utilizing credit freely, despite a struggling national economy.

With a weakened economy and hundreds of thousands of households in western Canada grappling with the very difficult realities of unemployment, it’s no surprise (or secret) to learn that many are struggling financially.