MNP Debt Blog

If I am filing for personal bankruptcy for the second time, do I have to tell the Trustee, or is it his responsibility to find out, or does it matter?

How are secured creditors (mortgages, car loans etc.) affected in a bankruptcy or proposal?

Can you tell me what happens to shares in a company when one shareholder declares bankruptcy?

I'm in the process of trying to sell my house, but there isn't enough money to pay off the mortgage, the realtor and the lawyer. What do I do?

Recent studies indicate that Canadian debt levels are rising across the country. In fact, research has shown that at one point or other, up to half of all workers experience stress associated with financial problems and that stress can affect their health,...

In the following article, Ian Schofield, a Bankruptcy Trustee with MNP, discusses the significant increase in filings for bankruptcy or consumer proposals throughout Saskatchewan over the past few months.

Now that the changes relating to Student Loans, RRSPs and the Wage Earner Protection Act have been proclaimed, it might be appropriate to consider what other changes might be coming.

Hello, if a person is suspended for 6 months to discharge, can he apply for sponsoring his wife for permanent residence?

Your credit score tells potential lenders a lot about your spending behaviors and ability to manage and / or pay back your debts. When you apply for a credit card, mortgage, student loan, auto loan or any other line of credit, this number will help the...

Can you tell me what is meant by the Term: Statutory Debt