MNP LTD Trustee Randy Kobbert was interviewed by The Lethbridge Herald to discuss post-holiday debt and budgeting for the New Year.

Stuck in a cycle of debt but not sure exactly what your options are or how to decide which is the best route for you?

I have a judgement on my house from BMO for default on an unsecured credit card, would that be removed in bankruptcy?

Assessing whether your client is experiencing financial distress does not require access to detailed financial information, but rather facts which are readily available if you keep a keen eye and watch for them.

Are timeshare weeks considered an asset?

For most people meeting monthly expenses while covering the costs of the holiday season makes this a difficult time of year. We become caught up in the moment and before we know it, the credit cards come out and we are spending, spending and spending.

An MNP Licensed Insolvency Trustee discusses the importance of seeking expert advice when dealing with the financial problems of a marriage during the divorce process to make sure that you understand all of your options.

The debt load is now overwhelming. This is not where you thought you would ever find yourself. After trying everything you can think of to manage it, you see no light at the end of the tunnel and you know it’s time to consult with a Licensed Insolvency Trustee about your options.

If I decide to declare bankruptcy for my own personal dept, are my allowable asset values the same even if I am married with children?

in a 2 person marriage and then a split one clams bankruptcy and the other do not ,the one who did not caim bankruptcy are thet to be put in the same 6 year hold by creditors even thow they have not filed ever for bankruptcy?