With a few exceptions, most banks and lessors will agree to your keeping the vehicle in a bankruptcy and continuing on with the payments so long as your payment history has been good and your payments are currently up-to-date.

Currently, if you ended your studies less than 10 years before you start a bankruptcy, the bankruptcy will not release you from your obligation to repay the student loans.

MNP LTD Trustee Zaki Alam was interviewed by CTV News Edmonton to discuss debt loads. Throughout the interview, Zaki discussed the significant amount of consumer debt across Canada, with Alberta having the highest average

Under the new Family Law Act of BC, I am now considered a common-law spouse. Am I responsible for my common-law spouse’s debts?

If I apply for bankruptcy, will that include whatever I owe the government as well? Such as Motor Vehicle?

Does a bankrupt get to keep their RRSPs regardless of the amount, in a bankruptcy?

Recently, a number of our clients have been rather shocked to find out that debt they thought was unsecured was, in fact, secured on their home.

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

I was reading an article in the Globe and Mail entitled Markets are Flush, rates are low and I fear it will all end in tears and it occurred to me that this is relevant to my experience as a Trustee in Bankruptcy for one simple reason.

I have two properties one is a primary residence and the other is a rental. The renters put a grow op in the basement and it was seized. I can't afford to fix the house and the mortgage is higher than the house is worth. Can I file for bankruptcy after foreclosure? Will I lose my primary home?