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MNP Debt Blog

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Hello, if a person is suspended for 6 months to discharge, can he apply for sponsoring his wife for permanent residence?

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Your credit score tells potential lenders a lot about your spending behaviors and ability to manage and / or pay back your debts. When you apply for a credit card, mortgage, student loan, auto loan or any other line of credit, this number will help the...

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Statutory Debts

Can you tell me what is meant by the Term: Statutory Debt

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Is there a way to deal with Student Loans after a bankruptcy if they are not discharged because the person had not been out of school for seven years at the date of bankruptcy?

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I have heard that 1 person is allowed to make $1800/mnth income when 1 person files for personal bankruptcy,how much are 2 ppl allowed? And are there any exemptions? Meals on the road..hubby is a truck driver. Groceries for the house?

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There seems to be much confusion in the minds of many people as to the difference between personal and business bankruptcy.

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Are timeshare weeks considered an asset?

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MNP LTD Trustee Donna Carson was interviewed by Trending on Shaw to discuss the recent drop in oil prices and how people can best prepare.

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Under provincial legislation in Manitoba there is an exemption for what is called “tools of trade.” As a mechanic you would be eligible for this exemption on your tools up to a value of $7,500.

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Trustees Duties

Does the Trustee have fiduciary duties to the Bankrupt?

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