MNP Debt Blog

What happens when you default on your consumer proposal and it becomes null and void? Does the credit rating automatically go back to zero after seven years even though it was never resolved?

In the past year I have lost all my assets due to divorce and lost income and investments due to job loss. At this point I am unemployed and with EI income lower than payments I have to make. Is bankruptcy the only option I have?

My wife left awhile ago and with the bills i cant do it myself what will happen to my house,and vehicles own one and lease other, and what happens to debt that is in both names if i decide to claim bankruptcy

Hi, Can someone declare Bankruptcy even though they are unemployed? Thanks.

Will claiming personal bankruptcy help protect me from losing my home and automobile or must they be sold as assets?

I want to know about bankruptcy and what happens with my credit if i do this. Do i also make payments if i do this?

I currently own a home that I cannot afford. I might need to foreclose on the home, is that something that I can talk to MNP about or do I need to talk to someone else?

I'm considering declaring bankruptcy. The mortgage on my condo is too large and I can't afford to pay. Along with credit cards and loans that I can't pay because of the high mortage payments. What I want to know is.... what happens to my mortage when...

How does a bankruptcy apply to an insured mortgage?

Can I operate a small home business after declaring bankruptcy?