MNP Debt Blog

The length of time it takes to complete a consumer proposal depends on a number of factors, particularly the amount of unsecured debt you have as well as the amount and frequency in which you are able to make a payment.

What happens when a bankrupt person dies? What happens to their assets?

Are there certain debts that are not forgiven in bankruptcy?

Will bankruptcy get rid of my credit card debts?

How public is a bankruptcy filing? Will it appear in the newspaper? Why do some bankruptcy filings appear in the newspaper and not others?

Are you able to apply for student loan funding while in bankruptcy? Are provincial and federal rules different? What about the Banks?

And do I lose my credit cards?

Can you change the Trustee you picked to work with? What is the process?

Will my citizenship be affected? What about family members? What if I am sponsoring them?

Do I Have Surplus Income in my Bankruptcy? Do I have extra payments to make?