MNP Debt Blog

Exempt Assets in Alberta - How does the Bankruptcy Process Work?

I own my home with my wife, we are both are on title and we live there with our 2 young children. What will happen to my home,furniture,clothing,toys,computer etc. if I file for personal bankrupcy due to unpayable business loans?

I have seen people being referred to as a former bankrupt. How has that information been made public?

My question is......I have Power of Attorney over someone. Can I declare personal bankruptcy on behalf of that person?

A description of the process an individual goes through when filing bankruptcy with MNP in Saskatchewan.

What all will I loose if I declare bankruptcy and how do I declare bankruptcy?

Hello, I have a vehicle lease I can no longer afford to pay and I was wondering if it gets reposed by the creditor can that cause me to go bankrupt ? I have a mortgage on a house so that is not an option ? Thanks

what does the term "discharge from a bankruptcy" mean exactly?

Would you please explain "net income" - What if we have deductions as in CPP, Medical Insurance, and Super Anuations - Would we have to include that to our net income? Thanking you. Just very concerned before making a committment.

what happens to my house when filing for bankruptcy... there is still mortgage on it but not much equity...