My wife left our marriage and has since filed for personal bankruptcy. She left behind promisory notes to repay family members for $60,000. Naturally, they are worried this money is now lost to them. Will they lose their privately loaned money? What recourse do they have in this matter.

How do I file for bankruptcy in Northern Manitoba?

What happens when the person that has garnished your wages and I have offered to make payments of 1000/month and they want 3500/month? Is there any way that I can get it lifted? It is from the gov for past taxes. They say that was from 4yrs ago.

If i file would it affect my common law partner?

If the only asset you have is your house and you declare personal bankruptcy are you put on the street.

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

How long does a bankruptcy last?

Hi I wanted to know at what point bankruptcy comes completely off your credit. I was told 7 years but is that from the first point that I claimed or is that from discharge date? Thanks Travis

The length of time it takes to complete a consumer proposal depends on a number of factors, particularly the amount of unsecured debt you have as well as the amount and frequency in which you are able to make a payment.

Bankruptcy is a legal state. To place yourself in bankruptcy you must execute a number of documents with a licensed Trustee in Bankruptcy (like those that work for MNP Ltd.). You will only be placed in bankruptcy after you have met with a Trustee and determined that bankruptcy is the best debt solution for you.