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Recently, a number of our clients have been rather shocked to find out that debt they thought was unsecured was, in fact, secured on their home.
Read More arrow_forwardHow long after a bankruptcy do I have to wait to be a director of a corporation, non-profit or otherwise?
Read More arrow_forwardAssets Can Disappear Debts Never Do
30/06/2014
I was reading an article in the Globe and Mail entitled Markets are Flush, rates are low and I fear it will all end in tears and it occurred to me that this is relevant to my experience as a Trustee in Bankruptcy for one simple reason.
Read More arrow_forwardBankruptcies Not A Problem Locally
03/06/2015
MNP LTD Trustee Randy Kobbert was interviewed by The Lethbridge Herald to discuss that Lethbridge isn’t feeling significant impacts from continuing low prices for Alberta crude.
Read More arrow_forwardBankruptcy And Credit Reports
24/09/2009
I had claimed bankruptcy years ago and was dischaged in October 2004. I just rescently heard that the length of time for bankruptcy to stay on your credit report has been recently reduced from seven years down to six. Is this true? Thanks, Steve.
Read More arrow_forwardBankruptcy And Foreclosures
18/02/2009
Donna Carson
I have two properties one is a primary residence and the other is a rental. The renters put a grow op in the basement and it was seized. I can't afford to fix the house and the mortgage is higher than the house is worth. Can I file for bankruptcy after...
Read More arrow_forwardBankruptcy And Surplus Income
24/02/2009
My husband and I are looking at probably having to file a joint bankruptcy. We take home $7004 and I am wondering what surplus income we would have to pay.
Read More arrow_forwardBankruptcy And Unemployment
07/05/2009
Hi, Can someone declare Bankruptcy even though they are unemployed? Thanks.
Read More arrow_forwardBankruptcy Filings In Canada
18/01/2009
A comment on the number of bankruptcy and proposal filings in Canada over the last twelve months.
Read More arrow_forwardBankruptcy Laws Shareholder Loan
18/11/2008
We currently are 1/3 owners of a private corporation We have a shareholder loan to the company. If the company declares bankruptcy, will creditors get paid before we get our loan back? In what order to people get paid?
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