MNP Debt Blog

What happens when a bankrupt person dies? What happens to their assets?

The length of time it takes to complete a consumer proposal depends on a number of factors, particularly the amount of unsecured debt you have as well as the amount and frequency in which you are able to make a payment.

What happens with income tax debt in bankruptcy?

Hello, I am one year in to my four year proposal and I was wondering if I can pay extra and if so does that shorten the term by that much. Also does a proposal and its terms show on my credit report so if I pay on time it shows that. thanks

I am looking to file for bankruptcy. What must i know before i make that decision? thanks

HI. since i am married , can i clain personal bankruptcy and my wife posetions be left alone or will all of it be put together as one since we have seperate credit. thanks

If the only asset you have is your house and you declare personal bankruptcy are you put on the street.

A friend has sent an incorporated business books to be done but cannot pay the bookkeeper for the work she has done. My taxes are due very shortly. Can she hold my books pending payment?

i desperately need help. call me asap

Hi they have sent most of my dept to collections i will have enough money in 2 weeks to pay all my dept but seeing as my credit is gone should i try consumer proposal or something else do you have any advise dept is roughly 50,000