MNP Debt Blog

We currently are 1/3 owners of a private corporation We have a shareholder loan to the company. If the company declares bankruptcy, will creditors get paid before we get our loan back? In what order to people get paid?

I never got my discharge from my bankruptcy, what do I do?

A brief description of the term Surplus Income (Reposted).

need bankruptcy info please

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?

I and my wife has much loan in the bank and on credit card. It seems we cannot afford to pay the loan at this time. We are thinking to do bankcruptcy so we can stop and pay. Please response and thank you for your info.

in a 2 person marriage and then a split one clams bankruptcy and the other do not ,the one who did not caim bankruptcy are thet to be put in the same 6 year hold by creditors even thow they have not filed ever for bankruptcy?

If a creditor disputes a second personal bankruptcy and the case is still in the courts, how long does the court have to make a decisson on the fraudulant charge.

There seems to be much confusion in the minds of many people as to the difference between personal and business bankruptcy.

I understand that you cannot file for personal bankruptcy if you are a Director of an Incorporated company. How does a person go about resigning as the Director??? Thanks, Kelly