2026-07-15
Bankruptcy versus Consumer Proposal timelines: What to expect from start to finish
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
2026-07-13
MNP Consumer Debt Index
Atlantic Canadians (68%) are more likely than those in other provinces to say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, three in five Canadians (61%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.