--- title: Debt relief in Manitoba date: 2025-04-16T12:24:00-04:00 canonical_url: "https://grantthorntonlimited.ca/en/locations/debt-relief-in-manitoba" section: Pages --- # **Debt relief** in Manitoba Explore your debt relief options in Manitoba, Canada. [Find an office near you.](#service-section) [ Book your free consultation! ](https://grantthorntonlimited.ca/en/get-in-touch/contact-us) ![Graphic featuring images of Winnipeg, Manitoba.](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Content-block-imagery-and-graphics/_imageLarge/Manitoba.png) ![Mean appearing on the screen of a laptop screen explaining the benefits of filing a consumer proposal](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Additional-imagery/_imageLarge/women-virtual-meeting.png) ## Doane Grant Thornton offers Manitobans **judgment-free solutions** to their debt. As Licensed Insolvency Trustees and debt solutions professionals in Manitoba, we’re regulated by the federal government, meaning we’re the only professionals authorized to offer debt repayment solutions, like consumer proposals and bankruptcy. We provide free, no obligation consultations to help get you back on track with your finances. [Book yours today!](https://grantthorntonlimited.ca/en/get-in-touch/contact-us) ## **Consumer proposals** in Manitoba. Consumer proposals are becoming one of the most popular debt management solutions for Manitobans struggling with debt. As an alternative to bankruptcy, a consumer proposal is a legally binding repayment agreement between you and your creditors. A Licensed Insolvency Trustee will negotiate on your behalf to settle your unsecured debt (credit cards, income tax debt, payday loans, etc.) into a single, interest-free payment. [ Learn more about consumer proposals. ](https://grantthorntonlimited.ca/en/consumer-proposal/what-is-a-consumer-proposal) ![A man smiling and looking at his cell phone.](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Additional-imagery/_imageLarge/Media_2023-10-19-164222_slho.png) ![Image of a middle aged woman sitting on a couch with her laptop. She is researching how to file a bankruptcy in Canada. Around her image, illustrations of a calculator, numbers, a cheque and a lightbulb float.](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Content-block-imagery-and-graphics/_imageLarge/How-do-I-file-a-bankruptcy_2026-06-02-130927_nwno.png) ## **Filing for** **bankruptcy** in Manitoba. Personal bankruptcy is a common debt solution that allows you to clear almost all your debt, including income tax debt, credit card debt, overdue utility bills, lines of credit, and loans. Before you decide to file for bankruptcy, it’s important to consider all other debt repayment options. Your Licensed Insolvency Trustee (LIT) will help you decide if declaring bankruptcy is the best choice for you. [ Learn more about personal bankruptcy. ](https://grantthorntonlimited.ca/en/bankruptcy/what-is-bankruptcy) ## **What assets can I keep during bankruptcy in Manitoba?** In all provinces and territories, you can generally keep essential items up to a certain value—like necessary clothing and household goods, most retirement savings, Registered Disability savings plans, and most life insurance policies and pension plans. [Learn more detailed information about what assets you can keep in your province.](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-what-assets-can-i-keep-in-bankruptcy) **Exemptions specific to Manitoba include:** - The equity in your principal residence, up to $2,500 if sole owner or $1,000 if co-owner. - Necessary household food and fuel for six months or cash equal. - One motor vehicle, if needed for work, up to a value of $3,000. - Tools of the trade (i.e., tools, equipment, books, computer) up to a value of $7,500. - Medical and dental aids required by you and your dependents. - DPSPs (Deferred Profit-Sharing Plans). - Specific exemptions for farmers if your principal source of livelihood is farming. ## **Other debt relief options** available in Manitoba. *Please note these services are not offered by Licensed Insolvency Trustees.* - **Credit counselling**: Credit counselling is a nonprofit service that helps Manitobans who are struggling with their finances. Your credit counsellor can help you with budgeting, financial literacy or managing debt payments through a debt management or settlement plan. - **Debt consolidation**: Debt [consolidation loans](https://grantthorntonlimited.ca/en/debt-help-resources/articles/consolidation-loan-vs-consumer-proposal-whats-the-difference) are offered by lenders like banks and combine some or all your debt into a single monthly payment. Aside from reducing your number of bills, debt consolidation loans can also offer a lower interest rate. ## Our Licensed Insolvency Trustees for **Manitoba** Trusted, regulated, and knowledgeable debt solutions professionals in your neighbourhood. ### Freida Richer CIRP, LIT - [1 (780) 442-1990](tel:17804421990) - ![Portrait image of LIT Freida Richer](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Content-block-imagery-and-graphics/Freida-Richer.png) [ About Freida ](https://grantthorntonlimited.ca/en/about-us/our-team/freida-richer-about-me) ### Karl Michael CPA, CIRP, LIT - [1 (250) 940-0679](tel:12509400679) - ![Portrait image of LIT Karl Michael](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Content-block-imagery-and-graphics/Karl-Michael.png) [ About Karl ](https://grantthorntonlimited.ca/en/about-us/our-team/karl-michael-about-me) ### Susan Methuen CIRP, LIT - [1 (780) 442-1984](tel:17804421984) - ![Portrait image of LIT Susan Methuen](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Content-block-imagery-and-graphics/Susan-Methuen.png) [ About Susan ](https://grantthorntonlimited.ca/en/about-us/our-team/susan-methuen-about-me) ### Braden Burritt CIRP, LIT - [1 (403) 260-2538](tel:14032602538) - ![Portrait image of LIT Braden Burritt](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Content-block-imagery-and-graphics/Braden-Burritt.png) [ About Braden ](https://grantthorntonlimited.ca/en/about-us/our-team/braden-burritt-about-me) ## **We’re proud** to be in the following Manitoba community: We're able to service all of Manitoba via phone or video call. If you don't see your city below, we may still be able to help. [Book your free consultation to learn more.](https://grantthorntonlimited.ca/en/get-in-touch/contact-us) ### **Winnipeg** - [1 (204) 594-7160](tel:12045947160) - [Get directions](https://maps.app.goo.gl/cLEfxoPLMUcpjiA78) - [Leave a Google review](https://g.page/r/CVGBda8Zv05iEAI/review) 200 Portage Avenue, Suite 500 [ Learn more ](https://grantthorntonlimited.ca/en/locations/winnipeg-manitoba) ## Hear from people we've **helped:** ### **They made me feel as if there is light at the end of the tunnel.** I have been working with Doane Grant Thornton for years now and they have been with me through all of my financial matters including debts. Chantel Jeromkin has helped me go through the process of everything that has to be done to get all of my affairs in order. She does not judge, she is very easy and warm to talk to, she walks you through every single step and always goes above and beyond with her services. They made me feel as if there is light at the end of the tunnel. They are a very great team, and they will make sure that they can help you. — Janela L. (Winnipeg) ### **The process is so simple.** I was so scared of the bankruptcy route. My trustee was very understanding and down to earth. The process is so simple, I hardly need to speak to anyone at all. I have found the process is easy - almost fun. I recommend this company to anyone considering bankruptcy. — Christine B. (Winnipeg) ### **They put me at ease during a very stressful time.** They were completely professional, knowledgeable, kind and really put me at ease during a very stressful time. I would recommend anyone that is looking for guidance to use Doane Grant Thornton. Thank you for everything. — Brad D. (Winnipeg) ### **I highly recommend Doane Grant Thornton.** Mark Gatpayat helped me with my financial challenges, he did a great job. I highly recommend anyone that is looking for guidance to use Doane Grant Thornton and look for Mark Gatpayat. Thank you so much. — Shalimar G. (Winnipeg) ### **Two thumbs up!** Very accommodating and kind, especially Mark Gatpayat. Two thumbs up! — Cris M. (Winnipeg) ## **Take the first step** to debt freedom Speak to one of our debt solutions professionals during a free, no-obligation consultation. [ Book a free consultation ](https://grantthorntonlimited.ca/en/get-in-touch/contact-us)