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Exempt 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.
Read More arrow_forwardRelocation And Bankruptcy
06/11/2012
Bradley Milne
Bankruptcy
I'm considering declaring bankruptcy but may want to move in the future to pursue employment opportunities out of province. Will that be a problem?
Read More arrow_forwardMy husband and I are on Employment and income assistance, can we apply for bankruptcy?
28/08/2012
Bradley Milne
Bankruptcy
My husband and I are on Employment and income assistance, can we apply for bankruptcy?
Read More arrow_forwardWill I lose my car if I declare bankruptcy?
01/08/2012
Bradley Milne
Bankruptcy
Will I lose my car if I declare bankruptcy?
Read More arrow_forwardWill creditors stop calling if I file for bankruptcy?
03/07/2012
Bankruptcy
Will creditors stop calling if I file for bankruptcy? Gord Neudorf, a Trustee at MNP Ltd., addresses this question.
Read More arrow_forwardSaskatchewan - Changes in Exemptions Coming
21/02/2012
Bankruptcy
It is expected that the Enforcement of Money Judgements Act will be brought into law some time this spring. It will have a major impact on which assets are exempt in Saskatchewan.
Read More arrow_forwardCost Of Bankruptcy: How Much Does Filing For Bankruptcy Cost?
15/02/2012
Melanie Fuller
Bankruptcy
Explaining fees and how they're collected when filing for Bankruptcy.
Read More arrow_forwardQuestions on Income Tax Debt and Filing for Bankruptcy a Second Time
21/11/2011
Bradley Milne
Bankruptcy
Where an individual has been bankrupt in the previous decade, and currently is under a significant debt load again, can he file for a second bankruptcy? If so, will monies owed to Canada Revenue Agency be written off or does income tax debt survive a...
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