Bank Loans And Credit Cards In A Bankruptcy

2008-11-11

 Yes, unsecured bank loans (where the bank doesn't hold collateral on a vehicle or other asset) and credit cards normally go away when you do a bankruptcy. Without knowing a bit more about your financial situation, it's difficult to give you any other advice, but if you'd like to get more information, please get in touch with us. We can give you the information and advice you need to help you decide on the best approach for dealing with your debts. We do not charge a fee for this type of assessment. Judy Scott - MNP Vancouver - Port Moody - Abbotsford - Surrey

Latest Blog Posts

2025-09-04

Will Bankruptcy Erase All Of My Debt?

Mary Plahouras Rob Shier

Bankruptcy

The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.

Read More

2025-09-02

How to budget when you’re living paycheque to paycheque

Caryl Newbery-Mitchell

Lifestyle Debt Debt Solutions

You already know the many benefits of skilled money management. The fact you’re reading this blog post says at least that much. Your challenge, like for most households, is how to navigate the seemingly infinite demands on your frustratingly finite income.

Read More

2025-09-02

MNP’s Atlantic Canadian guide to affordable fun

Lifestyle Debt

Have fun on a budget with our guide to affordable activities in Atlantic Canada.

Read More

Consultation icon