How To File For Bankruptcy

2009-07-31

I'm sorry to hear about your situation.  You are doing the right thing though by asking for advice so that you can make some tough decisions.   The first step is to either sit down with one of our Trustees or counsellors, or have this meeting over the phone, so that we can get some information about your specific situation.  IE:  who are your creditors, how much do you owe them, what kinds of assets do you own, and what does your budget currently look like. Once we have that information, we will explain all of the different options out there...including a bankruptcy. The costs of a bankruptcy are regulated by the federal government.  They are partially based on what your earnings are.  So during that initial meeting, we will be able to tell you what your payments would be in a bankruptcy. So........the first step is to contact one of the Trustees or counsellors in your area.   You can find our contact information on our website at http://www.mnpdebt.ca/contact/default.aspx.  Or contact me directly and I will put you in touch with the right person. Regards, Donna Carson, CGA, CIRP, Trustee 1.877.500.0792    [email protected]    

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