MNP Debt Blog

How long does a third time bankruptcy last in Saskatchewan?

What happens if you win an ICBC settlement after a proposal is started?

Recent headlines indicate that more and more senior citizens are heading into retirement while still in debt. According to credit reporting agency reports, the average debt for consumers aged 65 and older has seen the largest year-over-year increase for...

Credit cards have seemingly become a staple to today’s consumer. Many credit card companies offer points or rewards systems as an incentive to sign up. Major credit cards are accepted by nearly every retail outlet, restaurant, service provider and...

This is a question that as Trustees we get asked a lot. The question you need to ask yourself is – “Did I co-sign or endorse” my partner’s debt?”

What exactly are your duties during a bankruptcy and what happens if you can’t keep up with them? Both very good questions!

That is a question that we get a lot as Trustees. Every situation is different but generally speaking, the answer is a three-step process.

I have alot of debt, that I am unable to pay, what happens if I don't declare bankruptcy? I have no money to file for bankruptcy?

Voluntary deposit is a judicial process used in Québec to restructure a debt repayment. It is legislated in the Québec Code of Civil Procedure.

The purpose of this article is to give you some idea of what your rights are in a bankruptcy when you are a creditor and aren’t satisfied with some aspect of the process.