MNP Debt Blog

If you file bankruptcy and your mother, who has gone bankrupt in the past, passes away and you inherit life insurance of 25000 between you and your sibling do you have to hand your share over to the bankruptcy. Will they attempt to take it all.

How do I find out if someone who owes me money has filed bankruptcy?

If I declare a personal bankruptcy, can I remain as a director or a shareholder of a corporation before being discharged?

I find myself in great financial troubles, and I am worried about losing my home.

If you have concerns about the proposal, the first thing I would:

I think i'm in a lot of trouble financially and am worried about losing my home.

as a family we have 2 cars with loans and a mortgage. if we go bankrupt can we keep the cars and house but claim the credit cards and line of credit.

I was just wondering what the cost was to the person filing bankruptcy. I have heard that you loose your gst return, your tax return. I know that you are allowed to take home a certain household amount and anything over that goes to your creditors.

If I declare bankruptcy, what can they take of my husbands. My name is not on the home, the only thing we own jointly is a piece of property in another province at a value of $8000.00 I am going bankrupt, but need this question answered before scheduling...

How is the garage sale value of the furniture figured out? I mean, how is it decided what my couch and tv are worth? Do I just give an estimated figure or does someone come out to my apartment and take a look around at what I have?