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MNP Debt Blog

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no job, no assets $20,000 debt

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I"m thinking of personal bankruptcy. I have a fulltime job plus I have a small incorporated business on the side that is pretty much on stand still. It is not making any money has no debt what so ever. Can I still consider a personal bankruptcy without...

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Transferring Assets Before A Bankruptcy

How long before you file bankruptcy you are allowed to transfer asset? for example my 50% share of the house to my wife. could she buy it from me before I file bankruptcy? what happened if we get divorce?

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I am married. If I file for personal bankruptcy I understand that I can keep a portion of my earnings and some of it goes to payment of my creditors. Would my wife's income and income of other people in my family be added to my income to calculate how...

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Is there a limit or guide line to how much of your wage can be garnished. We are currently handing over about 65% and it is making keeping day to day obligations very difficult to meet.

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Is there a limit to the number of phone calls you need recieve from your creditors. We are bonbarded with 8-9 calls every week even tho we have explained repeatedly why the payments going in are not as large as they want. The phone calls are starting...

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Several significant changes to the Act come into effect in September affecting the amount bankrupts may have to pay as surplus income and/ or the amount of time they have to remain in bankruptcy.

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I’ve been bankrupt before – if I need to file for bankruptcy again, how long will I be in bankruptcy?

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My debts are over $75,000, and I’ve been told I can’t file a proposal – is that true?

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I’ve been bankrupt before – if I need to file for bankruptcy again, how long will I be in bankruptcy?

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