MNP Debt Blog

I am thinking about going bankrupt will this affect my wife's credit rating?

I have a lot of debt, mostly credit cards. I have a mortgage, own my car, and I have some rsps. If I go bankrupt will I lose my car or have to cash in my rsps?

The property exempt from seizure is set by the provinces and territories and applies to the equity in the asset, here we'll review the exemptions in Alberta.

Will garnishees be affected by bankruptcy?

The property exempt from seizure is set by the provinces and territories and applies to the equity in the asset, we'll review the exemptions for non-farmers in Saskatchewan.

I heard that you can't wipe out Canada Student loans anymore. Is this true?

A description of the process an individual goes through when filing bankruptcy with MNP in Saskatchewan.

My spouse has been layed off but I am still working and unable to pay for all the bills. Can you still file for bankruptcy or make a proposal to creditors? And what if he is able to find a job, how is everything affect if you have filed?

I currently own a home that I cannot afford. I might need to foreclose on the home, is that something that I can talk to MNP about or do I need to talk to someone else?

I have a lot of questions and have never declared bankruptcy before. I would appreciate some advice.