How To File For Bankruptcy

I'm sorry to hear about your situation.  You are doing the right thing though by asking for advice so that you can make some tough decisions.   The first step is to either sit down with one of our Trustees or counsellors, or have this meeting over the phone, so that we can get some information about your specific situation.  IE:  who are your creditors, how much do you owe them, what kinds of assets do you own, and what does your budget currently look like. Once we have that information, we will explain all of the different options out there...including a bankruptcy. The costs of a bankruptcy are regulated by the federal government.  They are partially based on what your earnings are.  So during that initial meeting, we will be able to tell you what your payments would be in a bankruptcy. So........the first step is to contact one of the Trustees or counsellors in your area.   You can find our contact information on our website at http://www.mnpdebt.ca/contact/default.aspx.  Or contact me directly and I will put you in touch with the right person. Regards, Donna Carson, CGA, CIRP, Trustee 1.877.500.0792    donna.carson@mnp.ca