MNP Debt Blog

Continuing with part 4 of our 5-part series on Bankruptcy 101, we now explore the transition of being discharged from bankruptcy.

Continuing with part 5 of our 5-part series on Bankruptcy 101, we now explore life after bankruptcy.

Where an individual has been bankrupt in the previous decade, and currently is under a significant debt load again, can he file for a second bankruptcy? If so, will monies owed to Canada Revenue Agency be written off or does income tax debt survive a...

For most people meeting monthly expenses while covering the costs of the holiday season makes this a difficult time of year. We become caught up in the moment and before we know it, the credit cards come out and we are spending, spending and spending....

Unsure of the bankruptcy process? We'll outline the steps required that will help you understand whether or not bankruptcy is the right solution to resolving your debt.

Determining how many years it takes until your name is cleared from the credit bureau.

In the event of a bankruptcy, some assets are liquidated and funds are distributed amongst creditors. In Alberta, RRSPs are rarely one of these assets.

It's important to understand what to do with your credit cards when filing for bankruptcy.

When getting into business you want to ensure your personal assets are not put at risk in the event the business fails.

The property exempt from seizure is set by the provinces and territories and applies to the equity in the asset, here we'll review the exempt assets for farmers in Saskatchewan.