MNP Debt Blog

After leaving my husband a year ago, I have been overwhelmed by debt and feel unable to pay it off. I am strongly considering bankruptcy and not too sure how to go about it. I am hoping to find out the steps to take and what it will cost me. Thank-you....

We spend our working years looking forward to the day we can retire, but how many people actually have a strategy in place to make sure those years turn out just as we imagined them? For many Canadians, retiring at 65 years old will mean a reduced monthly...

In family law matters there are three types of proceedings that may affect a bankruptcy: child custody, support obligations and equalization issues.

I find myself in great financial troubles, and I am worried about losing my home.

I am living common-law with a person who is bankrupt and pays surplus income amounts each month. I am not bankrupt. Does the bankrupt also have to include EI payments I receive and/or my student loan or MPI rebate cheque as part of his income?

I currently own a home that I cannot afford. I might need to foreclose on the home, is that something that I can talk to MNP about or do I need to talk to someone else?

I delared bankruptcy in 2002 and now have a collection agency hounding me with phone calls about a small unpaid debt from 2001. They call five or six times a day requesting that I call them back and send them money. What do I do?

I have a vehicle, year 2000 value is about $8500.00, with no debt on it. What would happen to this given the vehicle exemption is $5000.00?

I have a lot of questions and have never declared bankruptcy before. I would appreciate some advice.

I living with a second-time bankrupt who filed a year before we moved in together. Does my EI income, student loan, tax refunds, etc. affect his surplus payments?