MNP Debt Blog

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The following changes are now in force as of July 7, 2008.

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Would my employer find out if I file for bankruptcy?

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Will the changes affect prior bankruptcies? Will I be able to go back to court after seven years, even though my bankruptcy was in 2004? TY

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I know there are some changes being proposed to the forgiveness of student loans in a bankruptcy. When will this happen?

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I live in a doublewide trailer, would I lose that if I filed for bankruptcy?

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My condo is worth less than the mortgage owing on it. If I file bankruptcy can I have the mortgage reduced to what it is worth?

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I am a Canadian living in the United States. I have around $27,000 of Canadian Credit Card debt. Can I file for bankruptcy in Canada? What would that do to my US debts? Thank you.

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I am wondering if a life insurance policy would have to be collapsed and that money used to help pay creditors - it is worth about 10,000, the person still pays a monthly installment for it, and it is the only asset she has. Thank you,

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Will I lose my home if I file bankruptcy?

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My car is worth more than $5,000 - what happens if I file bankruptcy?

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