Bankruptcy FAQs

Learn more about bankruptcy, insolvency, consumer proposals, and debt consolidation. If you have additional questions or concerns not addressed by these articles, don't hesitate to contact the Licensed Insolvency Trustees at your local MNP LTD. office.

How to file bankruptcy
How does bankruptcy work?
When to file bankruptcy
How often can you declare bankruptcy?
How does bankruptcy affect your credit rating?
How long after bankruptcy can I get a credit card?
What happens after bankruptcy?
What is personal bankruptcy?
Canadian bankruptcy laws
Alternatives to bankruptcy
Difference between insolvency and bankruptcy
Difference between consumer proposal and bankruptcy
Difference between bankruptcy and debt consolidation
What is a debt consolidation loan?
What is a consumer proposal?
How does a consumer proposal work?
Benefits of a consumer proposal
How does a consumer proposal affect my credit rating?
What is a Licensed Insolvency Trustee and how can they help?
What does insolvency mean?
Differences between secured debt and unsecured debt
What is receivership?
Bankruptcy and student loan debt
How to rebuild your credit
Bankruptcy and child support
Can I file bankruptcy on taxes?
Managing finances during COVID-19
Federal financial support during COVID-19
How a Licensed Insolvency Trustee can help during COVID-19

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Accreditation:

All MNP Licensed Insolvency Trustees are members of CAIRP (Canadian Association of Insolvency and Restrucuring Professionals). CAIRP is a non-profit Canadian organization who advocates for a fair and effective system of insolvency and restructuring administration.