fbpx Skip to Content

Bankruptcy-canada.ca: Topics

Most Recent ‘Topics’ Posts

Feeling ashamed
Feeling ashamed

I filed a Consumer Proposal in 2009. I remember the awful feelings I had leading up to my decision to see a Trustee (hint: I felt much better once I’d consulted with him). Since I completed the Proposal, I’ve spoken to others who have been in the same situation, and felt the same way. How […]

Credit score
Credit score

I filed a Consumer Proposal in 2009, after realizing that despite all the strategies I had been trying (including buying nothing but the essentials), I soon would not be able to pay all my bills. Like me, some debtors know they are getting into serious trouble even before they miss any bill payments. Others have […]

Who Is a Good Candidate for Consumer Proposal?
Who Is a Good Candidate for Consumer Proposal?

You’ve been struggling with your finances for many months, but things are not getting easier. You’re losing sleep while you worry about your situation. You’re embarrassed to tell anyone at home or at work. You’re afraid Bankruptcy may be next! You are in good company. Over a million Canadians have experienced insolvency and filed for […]

After-Christmas Debt
After-Christmas Debt

We’ve all been there – the shopping craze of December, looking for those perfect last few gifts, making sure there is enough food in the house for your holiday guests, decorating your home inside and out. As if paying for these things weren’t enough, there are hidden expenses as well. Shopping can take time out […]

Financial Warning Signs
Financial Warning Signs

Many individuals and families these days are dealing with tight financial conditions. It’s not uncommon. You may have been making financial maneuvers for many months just to get by. But, how do you know when you may be headed for more than just a tight budget? What are the warning signs that you are seriously […]

Loosing or keeping furniture in a bankruptcy?
Loosing or keeping furniture in a bankruptcy?

Nan and Richard had to tighten their budget after Richard lost his job in management. He’d been searching for a few months for a new position, but interviews had gotten him nowhere. Nan still had her job, but their income had taken a hit. A reduced budget was not the greatest of their concerns, however. […]

So worried, cannot sleep
So worried, cannot sleep

Do your financial concerns keep you up at night? That’s not good, but it’s increasingly common. My own monetary worries kept me from sleeping, too, until I saw a Trustee in early 2009. Anyone losing sleep because of worry and dread can tell you – it erodes your health, both mental and physical. Ironically, one […]

Can I be forced into bankruptcy
Can I be forced into bankruptcy

The answer is no! A Trustee’s role is to provide you with information on your options, and assist with the process IF you decide to go ahead with Bankruptcy or Consumer Proposal. The Trustee cannot “declare you Bankrupt.” It’s a common misconception that Bankruptcy is something that can automatically “happen” or be imposed upon you, […]

[ultimate_heading main_heading="Trustee Talk #103 " spacer="line_only" spacer_position="middle" line_height="2" line_color="#005139" main_heading_font_family="font_family:Lato|font_call:Lato" line_width="300"]Doug Stuive Discussing Debt Issues Affecting Canadians[/ultimate_heading] Lets get started with a formal introduction. You can give me your full name, your business name and your website address? My name is Doug Skive, I'm a Bankruptcy Trustee and Senior Vice President at MNP Limited and our [...]
In early 2009, I realized that my personal finances were going downhill. Although I considered myself a responsible person, and I had always paid my bills on time, it was now very difficult to make ends meet. I had no disposable income, and I skimped and tried to economize ... but the recession had set [...]
Back to top
Navigation