MNP Debt Blog

Is income tax debt extinguished in a bankruptcy?

I delared bankruptcy in 2002 and now have a collection agency hounding me with phone calls about a small unpaid debt from 2001. They call five or six times a day requesting that I call them back and send them money. What do I do?

OSB Rejects Proposal That Credit Counsellers Be Allowed To File Consumer Proposals

We'll discuss what happens if you operated a limited company and the landlord seized the business assets for the outstanding rent. Learn what you should do about the creditors who still have secured assets inside.

We spend our working years looking forward to the day we can retire, but how many people actually have a strategy in place to make sure those years turn out just as we imagined them? For many Canadians, retiring at 65 years old will mean a reduced monthly...

Today it is common practice to use credit for everything from buying groceries to going on vacations. And many consumers are making the minimum payment instead of paying off the full balance. As the years roll on and credit card balances remain unpaid,...

Let’s take a look at the myths and the facts about bankruptcy.

310 DEBT to Merge with MNP

If someone is still in bankruptcy and is offered employment overseas, can they take this employment while still making payments to the trust?

Is it possible to submit a consumer proposal if I've never missed a payment, but will soon have too? I have $46000 in debt and $3050/mo income.