MNP Debt Blog

How do I file (for) bankruptcy? What is the process that I will go through?

We have a large debt and are running out of options. If we declare bankrupty, will we lose our mortgage. If we do a proposal ourselves is it binding

I have a small RRSP, will I lose that in bankruptcy?

There is money in trust to my children in the bank, will i that be taken?

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

If you have one credit card with no balance will it be shut down too?

I have alot of debt, that I am unable to pay, what happens if I don't declare bankruptcy? I have no money to file for bankruptcy?

I understand that my student loans cannot be discharged in bankruptcy or a proposal. What happens to my student loans during the process?

I purchased furniture on my credit card. If I go bankrupt, can my creditor repossess my furniture?

What are my rights with regards to collectors? I have heard that there are some regulations regarding what collectors can and can't do and I'm wondering where I would find out about that?