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MNP Debt Blog

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Personal Income Tax Debt And Bankruptcy

I owe a debt to Revenue Canada for personal income taxes. Is this included in bankruptcy?

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My husband is refusing to give me his pay stubs as he just got a job after I filed bankruptcy. What would happen if the trustee that I am with found out about this? And as he is not part of the bankruptcy, do they have access to this information? Thank...

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If you are struggling to make your minimum monthly debt payments or if you are concerned that the minimum payments are not effective in reducing your total debts, a personal loan may be an effective way to consolidate your debts and reduce your total...

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Payments To Trustee

Hi I really need to know how much income will they allow me to keep to live on if I go bankrupt. I bring home $2300 and child support payments total $1150. I have two boys 14 and 16 and me.

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Paying A Family Member Before Bankruptcy

IF I owe a friend or family member can I pay him/her back with any available funds before I file for bankruptcy.

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Panicked About Post Holiday Debt ?

The festive holiday season has now passed – a time typically marked by overindulgence in many areas, including spending. Now that it’s over, does it mean time to get back to regular spending habits? Or does it incite panic, knowing that your credit card...

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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.

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Today the Ontario government announced plans to impose regulations on debt settlement companies who advertise the ability to reduce the debts of consumers by up to 70% of more.

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Preparing Your First Budget

If you’re planning on moving out for the first time, you’re likely experiencing a flood of emotions.

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One In Five Ontario Residents Are Technically Insolvent

Canadians underestimate debt-to-income balance. February 23, 2015, Calgary, AB — Almost of fifth of Ontario residents owe more than they own or earn, making them technically insolvent and at risk of bankruptcy, according to a new survey by Ipsos Reid....

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