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MNP Debt Blog

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My question is, I have a son who is 18, he lives at home and is in his last year of high school, he has a part time job and the money that he earns doesn't contribute to our home at all, it's his spending money for clothes and his entertainment. Would...

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I heard that if you filed for bankruptcy you would have to attend court for your discharge from bankruptcy. Is this true?

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I owe the TD Bank 19,210.00 for my line of credit. They want me to pay in full now or they are going to sue me for full. I am not working but I do get 1000/month from a structured settlement. Can I claim bankruptcy?

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My boyfriend and I are from B.C. We have moved to Alberta a year ago. We have debts we cannot pay. Bank loan and credit cards. The Bank loan wants to sue my boyfriend. We are commonlaw.We have no idea what to do or how to go about it. Can you help me...

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All bankruptcies in Canada are administered through federal legislation called the Bankruptcy & Insolvency Act. If you file for bankruptcy in Manitoba, you do not have to file again in another province if you move. The bankrupcy is recognized across...

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I have read on -line regarding 1st and 2nd bankruptcies....but what happens if there is a third ? Are you ever discharged from a third bankruptcy? Is a consumer proposal the better option?

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I am a contractor and carry approximately $10,000 in accounts receivables at any one time. Will the Trustee contact my clients and seize the accounts receivables if I file for bankruptcy? I am concerned I will loose my customers if a Trustee notifies...

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I borrowed money from my in-laws, will they find out about my bankruptcy? My wife's relationship with her parents will be terribly strained if they find out we are unable to repay them.

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My husband and I are seperating. We are still under the same roof at this time but will be going our own ways. If we file together and he does not fulfill the requirements for discharge do we both lose discharge. Would it be better to file on our own,...

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My husband and I are seperating. We are still under the same roof at this time but will be going our own ways. If we file together and he does not fulfill the requirements for discharge do we both lose discharge. Would it be better to file on our own,...

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