2025-06-30
How do I respond to creditors?
Credit Counselling
Here are the ABC’s of dealing with creditors and debt collectors.
If I File For Bankruptcy, Does It Affect My Citizenship Process?
2013-06-14
Author: Rob Shier
To the best of our knowledge, filing an assignment in bankruptcy (or a consumer proposal) under the Bankruptcy and Insolvency Act would not preclude or prevent you from becoming a citizen. However, if you are an undischarged bankrupt, you may not apply to be a sponsor for someone to come to Canada until you have been discharged.
Prior to making a final decision with respect to filing for bankruptcy and the potential impact on your citizenship application, you should first contact Citizenship and Immigration Canada (http://www.cic.gc.ca).
For further information regarding filing for bankruptcy or filing a consumer proposal, please contact your local MNP office for a no-cost, no-obligation, consultation to assist you to determine the best options for you.
Latest Blog Posts
2025-06-30
What rising interest rates could mean for you
Lifestyle Debt Debt Solutions
Eight times a year, the Bank of Canada will make an announcement on the key interest rate, and if projections are correct, we are going to see interest rates rise. You could be thinking, what does that mean, how will it affect me, what can I do?
2025-06-30
MNP’s Canadian guide to affordable fun
Lifestyle Debt
Our Canadian guide to affordable fun showcases top budget-friendly activities in each major hub.
