MNP Debt Blog

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...

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?

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...

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...

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?

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

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...

The recent amendments to the Bankruptcy and Insolvency Act now change the length of time a person is required to stay in Bankruptcy.

Hi, I was wondering if RDSP, RRSP and TFSA's are exempt from bankruptcy. Thank you,

What does a company such as yours charge to execute a bankruptcy claim to the end? And do all companys charge the same amount?