MNP Debt Blog

If you’ve been researching options to manage and overcome your debt, it’s likely you’ve already heard about Consumer Proposals and may even have a basic understanding of how they work.

We’re all familiar with recycling and it’s environmental benefits. It’s one of the three Rs of sustainability many of us learned in primary school, along with reduce and reuse.

The ads talk about getting out of debt and getting a fresh start. Is that really possible? You decide to make a call and find out. Afterall, what can it hurt?

Getting a hold of your debt can be stressful and having to go through that process online can add to the load. Meeting in-person with an LIT can help alleviate some of that stress.

Let’s review what a Consumer Proposal is, as well as the pros and cons of filing a Proposal, to help you determine if it’s the right solution for your unique situation.

This is the first in a five-part blog series about what Consumer Proposals are, how the process works, and whether they might be the right solution for you to get permanent relief from your unsecured debt.

Everyone, except perhaps the most frugal among us, makes purchases from time to time which they hadn’t anticipated or planned for.

If you are experiencing overwhelming debt loads, severely reduced income, unexpected job loss, or depleted savings, you may be wondering if Bankruptcy is right for you.

The pandemic has highlighted how quickly and dramatically elements which originated thousands of miles away can disrupt our entire way of life. A microscopic virus, invisible to the human eye, has shuttered borders, transformed the economy, and altered...