MNP Debt Blog

Birthdays tend to be a time of celebration and reflection and Canada’s 150th birthday is no exception.

I would like to ask if you can declare personal bankruptcy for only one of your creditors? I have others but the amounts are small and payments are up to date.

Can u help me? I'm steering into bankruptcy and I need your assistance.

The short answer, is yes, though the reality of passing off the responsibility of your debt(s) can be a little more complicated. There are a number of ways for a third party to assume responsibility for your debts – both on a formal basis and an informal...

Can I still operate my business if I am bankrupt?

Can I go bankrupt without meeting a Trustee? I live in a remote location.

Can I get a student loan while I am in bankruptcy?

I will lose my job and I plan to go back to my hometown (Philippines), but I do not want to leave my obligations, my loans unpaid. Can I file for bankruptcy to settle everything and leave Canada for a couple of years?

While the story of Bre-X certainly played out like a movie script, like most Canadian scandals, it garnered little interest outside of the mining industry south of the border, especially, almost 20 years later.

I owe the TD Bank 19,210.00 for my line of credit. They want me to pay in full now or they are going to sue me for full. I am not working but I do get 1000/month from a structured settlement. Can I claim bankruptcy?