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Bankruptcy Manitoba - Manitoba Bankruptcy Laws

Get Out of Debt Quickly and Easily

Speak to a Licensed Insolvency Trustee in Manitoba

If you wish to file for bankruptcy in Manitoba, you may be able to keep your home and car according to the bankruptcy laws in Manitoba.

Filing for bankruptcy in Manitoba is a complex legal process, so you should speak with a licensed Manitoba bankruptcy trustee to learn more about the bankruptcy laws.

We can also help you understand any viable alternatives to bankruptcy, such as debt consolidation or consumer proposals, which allows you to get out of debt and avoid bankruptcy.

We have bankruptcy trustees in Manitoba that are experts on Manitoba bankruptcy law.

All of our licensed insolvency trustees offer free initial consultation meetings to learn your options and provide assistance in choosing the correct solution between the debt relief options available.

Filing For Bankruptcy in Manitoba

If you are dealing with a mountain of debt, you might be wondering how the bankruptcy process works, and how filing for bankruptcy can help you get out of debt.

Perhaps you have missed some of your minimum payments, your wages might be garnished, or you might be dealing with persistent collection calls.

Whatever the reason you are considering filing for bankruptcy, if you wish for help dealing with your debt problems, we can help you understand the personal bankruptcy laws.

We can help you improve your financial situation.

Our friendly debt professionals know that bankruptcy is a difficult choice, but it offers many significant benefits for debtors.

The benefits of bankruptcy in Manitoba includes:

1. You will receive automatic protection from unsecured creditors

As a legal proceeding in Manitoba, declaring bankruptcy gives you an "automatic stay of proceedings."

The stay of proceedings means:

  • Wage garnishments are stopped,
  • Collection calls end,
  • Frozen bank accounts will become unfrozen,
  • All legal collection actions against you will end, and new ones cannot be started.

2. Your unsecured debts will be eliminated and replaced with one, easy monthly payment for 9 months

Going bankrupt allows you to eliminate all of your unsecured debts, with a few minor exceptions in rare cases.

When you get your discharge from bankruptcy, you will be released from all legal responsibility for your debts.

Only a few debts, such as alimony, child support, or student loans less than 7 years old cannot be discharged through bankruptcy.

3. Personal bankruptcy gives you a fresh financial start

Once you receive your bankruptcy discharge and your unsecured debts are wiped out, you will get a fresh financial start.

You can get your fresh start which allows you to build a secure financial future for yourself and your family.

How do I go Bankrupt in Manitoba?

Once you make the decision to go ahead with bankruptcy, the process of going bankrupt is quite easy and straightfoward, although you must work with a licensed insolvency trustee in Manitoba.

Follow the following steps to filing for bankruptcy in Manitoba:

  • Step 1: Contact a LIT (Licensed Insolvency Trustee) to schedule a free consultation

To go bankrupt in Manitoba you must enlist the assistance of a LIT, as only LITs are licensed and authorized by the government of Canada to assist hard working individuals like you to file for bankruptcy.

Your Insolvency Trustee administers and handles your bankruptcy, provides you with financial and credit counselling and will deal with your creditors on your behalf.

  • Step 2: Meet With The Licensed Insolvency Trustee

When you meet with the LIT for your free confidential evaluation, they will help you analyze your financial situation, and explore all of your options available to you.

At your free, confidential and no-pressure evaluation meeting with a friendly bankruptcy trustee (now called a licensed insolvency trustee) we will sit down with you and help you review your current financial situation, and how the various debt relief options can help you.

We are the only debt relief professionals that can provide a full range of debt relief solutions in Manitoba.

  • Step 3: Declare Bankruptcy

If, after meeting with a trustee, you decide that claiming bankruptcy is right for you, your Licensed Insolvency Trustee will provide you with the necessary paperwork to sign.

Once you review the paperwork and sign it, your trustee will electronically file the paperwork with the Superintendent of Bankruptcy and notify your creditors.

What Happens After I Claim Bankruptcy?

Once you have gone bankrupt you will receive bankruptcy protections and the creditor collection actions will stop.

You will have a list of duties to complete and you will attend two counselling sessions with your LIT.

You will have to communicate with your trustee throughout the bankruptcy process and provide them information on your income, assets and debts.

You will have to make a monthly payment to your trustee throughout the bankruptcy process.

A first time bankrupt without surplus income is discharged after 9 months of being bankrupt.

Contact a Licensed Insolvency Trustee Today

If you are considering filing bankruptcy in Manitoba is right for you, please contact us today.

The sooner you get financial help, the more debt relief options you will have.

Bankruptcy may be inevitable, but if so, we can help you throughout the entire process.

Give us a call to set up an appointment to meet with us.

Determing the Best Way to Get Out of Debt in Manitoba

If you are considering claiming bankruptcy, the first thing you should do is to contact your local Bankruptcy Canada Licensed Insolvency Trustee to speak about your available options to get out of debt.

Our friendly insolvency team will help you determine the best way for you to get out of debt.

In some cases, filing for bankruptcy in Manitoba will be the best option and if so, we will help you understand the entire process of going bankrupt.

In other cases, we can help you explore other debt solutions that will work better for you.

We can help with several other debt relief alternatives to your debt problems, such as:

Sub Headline

In order to see if filing bankruptcy in Manitoba is right for you, you need to meet with one of our debt experts for a free consultation.

Your debt problems can be over

You should seek professional debt help if:

Bullet List

  • Your bills are constantly piling up
  • You are using credit for your day to day living expenses
  • You have no money management skills
  • Creditors are taking collection actions against you
  • You are struggling to make a workable budget
  • You struggle to make the minimum payments on your debts
  • You are stressed because of your overwhelming debt situation
  • You're avoiding the issue

When you are struggling with debt and looking for a way to get out of debt, it can be challenging to know who to turn to and what to do next.

Fortunately there are several solutions to you, including filing for personal bankruptcy.

At Bankruptcy Canada we are experienced and knowledgeable debt experts who can help you get out of debt in a way that fits your unique financial challengings.

With the help of our friendly debt relief team we can explore all of your debt relief options.

To learn more about personal bankruptcy, please contact us today through our online form or by calling 877-879-4770 today!

Personal Bankruptcy Help in Manitoba, MB


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"At such a young age, I never thought I would feel so trapped by debt."
"The stress and worry of having so much debt hanging over my head was starting to really weigh on me. I tried to save my money, but I always seemed to run out before the end of the month. I had to use credit to cover my ongoing bills. I tried to get out of debt on my own but it was a vicious cycle. I met with a friendly trustee with Bankruptcy Canada who showed me all the ways I could get out of debt. Your empathy and care were first rate, as was your debt advice!"  Janie - Gatineau, QC


All of the Licensed Insolvency Trustees of Bankruptcy Canada are members of CAIRP (Canadian Association of Insolvency and Restrucuring Professionals).
CAIRP is the governing body that advocates for the insolvency (bankruptcy and consumer proposal) process in Canada.