2025-04-16
How sustainable living can help you save money and reduce food waste
Alternatives to Bankruptcy Bankruptcy
How can you reduce food waste? These strategies can help benefit both the environment and your bank account.
If you’re looking to break free of personal debt once and for all, we can help. We provide debt and bankruptcy solutions that are life-changing and permanent, so you can erase debt from your life.
The rollercoaster of debt is exhausting. If you’re tired of trying to make ends meet, want threatening phone calls from creditors to stop or simply need help to take control of your financial situation, talk to one of our local Licensed Insolvency Trustees. We offer unbiased advice that can help you get back on solid financial ground.
If you’ve been struggling with debt for awhile, you’ve probably wondered if you should file for bankruptcy. While deciding to declare bankruptcy can offer a fresh financial start, there are other options. Speak with your local MNP Licensed Insolvency Trustee to learn the difference between Consumer Proposals and bankruptcy, or how other bankruptcy alternatives, like credit counselling and debt consolidation, may help you stop the cycle of debt once and for all.
Consider some of the key differences between bankruptcy and a Consumer Proposal.
Consumer Proposals and Bankruptcies are both government legislated options which can provide you with relief from significant debt problems. In addition, both debt solutions can only be administered by a Licensed Insolvency Trustee and provide a legal stay of proceedings which require creditors to discontinue harassing collection calls, garnishment or other legal proceedings.
Determining which, if either, option is an appropriate solution in your own unique situation depends on a number of variables. Let’s explore the advantages and disadvantages of both a Consumer Proposal and a Bankruptcy.
2025-04-16
Alternatives to Bankruptcy Bankruptcy
How can you reduce food waste? These strategies can help benefit both the environment and your bank account.
2025-04-16
Alternatives to Bankruptcy Bankruptcy
How can you improve your mental and financial health? These four simple steps can help support your mental and financial well-being.
2025-04-14
MNP Consumer Debt Index
Three-quarters (76%) say they have cut back on spending due to economic uncertainty — more than those in any other province.