Bankruptcy – The amount you are required to pay and all related fees are based on government regulations that take into consideration your net monthly income and the number of people in your household. This can be explored more fully at your free confidential consultation with an MNP Licensed Insolvency Trustee. Consumer Proposal – Your MNP Licensed Insolvency Trustee will help you make an offer to your creditors, incorporating a...

Bankruptcy – Credit Bureaus generally keep information about bankruptcy on record for 6 years for those declaring bankruptcy for the first time. The time period is extended to 14 years for those declaring bankruptcy for the second time. Keep in mind you may already have a poor credit rating if you have missed payments or your debts have been referred to a collection agency. Having a bankruptcy on your credit record does not mean you will be...