MNP Debt Blog

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?

What happens when the person that has garnished your wages and I have offered to make payments of 1000/month and they want 3500/month? Is there any way that I can get it lifted? It is from the gov for past taxes. They say that was from 4yrs ago.

Does a claim by Saskatchewan Government Insurance survive a bankruptcy?

I have heard that 1 person is allowed to make $1800/mnth income when 1 person files for personal bankruptcy,how much are 2 ppl allowed? And are there any exemptions? Meals on the road..hubby is a truck driver. Groceries for the house?

I owe more to credit card companies than I make from my small pension. I can managed ,but one of my credit card,which I owe 6,000.00 will not listen to my multitude of offers attempts .They are in the driver seat and they act like it.

I am a second time bankrupt. Can CRA keep undischarged for longer than 12 months?

Can Old Age Security (income asisstance)be garnisheed by creditors?

What information should I bring to an initial meeting with the Trustee?