MNP Debt Blog

A common question I'm asked is 'Will filing for bankruptcy affect my employment and salary?' I'll explain the impact filing for bankruptcy has on your job and your paycheque.

A bankruptcy will have only a small impact on other family members, but it's important to know what that looks like.

The property exempt from seizure is set by the provinces and territories and applies to the equity in the asset, here we'll review the exempt assets for farmers in Saskatchewan.

The property exempt from seizure is set by the provinces and territories and applies to the equity in the asset, here we'll review the exemptions in Alberta.

The property exempt from seizure is set by the provinces and territories and applies to the equity in the asset, here we'll review the exemptions in B.C.

The property exempt from seizure is set by the provinces and territories and applies to the equity in the asset, here we'll review the exemptions in Manitoba.

The property exempt from seizure is set by the provinces and territories and applies to the equity in the asset, we'll review the exemptions for non-farmers in Saskatchewan.

When getting into business you want to ensure your personal assets are not put at risk in the event the business fails.

It's important to understand what to do with your credit cards when filing for bankruptcy.

In the event of a bankruptcy, some assets are liquidated and funds are distributed amongst creditors. In Alberta, RRSPs are rarely one of these assets.