MNP Debt Blog

For most homeowners, their house, condo or apartment holds a special place in their heart that goes far beyond warmth, shelter and security.

can I file for personal Bankruptcy twice? Because about 16 yrs ago i file for personal bankruptcy and due to the recession and loss of hours at work I am finding paying my bills really difficult.

Is there any limit on where a person can file bankruptcy in Canada?

I purchased furniture on my credit card. If I go bankrupt, can my creditor repossess my furniture?

In BC, most creditors (including Visa) have to obtain a court judgment against you before they can garnish your wages.

Can a bankrupt obtain credit while in bankruptcy? What types of credit are available?

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

Personal income tax debt is a huge problem for both salaried and self-employed Canadians. The question is: why?

When dealing with debt, there are both formal and informal options. Formal options are undertaken via the Bankruptcy and Insolvency Act (BIA).

The Ontario Ministry of Consumer Services has recently issued an alert warning consumers to exercise caution when considering a contract for services being marketed as “debt settlement”, “debt management”, “debt reduction” or “debt consolidation”.