2025-09-04
Will Bankruptcy Erase All Of My Debt?
Bankruptcy
The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.
MNP LTD, a division of the national accounting firm MNP LLP, is the largest insolvency practice in Canada. For more than 50 years, our experienced team of Licensed Insolvency Trustees (LITs) and advisors have been working with individuals to help them recover from times of financial distress and regain control of their finances. With more than 230 offices from coast-to-coast, MNP has resident LITs in all provinces who help thousands of Canadians each year who are struggling with an overwhelming amount of debt. To read some of our recent releases, click here.
A Licensed Insolvency Trustee is available for media requests in all Canadian provinces and in most city centers.
For media representatives who would like to speak with one of our experts, contact:
Angela Joyce
Media Relations
P: 403-681-9286
E: [email protected]
The MNP Consumer Debt Index is a survey of at least 2,000 Canadians that measures sentiments toward their consumer debt and gauges their ability to pay bills, endure unexpected expenses and absorb interest rate fluctuations without approaching insolvency. Conducted by Ipsos and updated quarterly, the Index is an industry-leading barometer of financial pressure or relief among Canadians. It can help determine whether someone is in debt trouble, how bad it might be and the options available to address those issues before they get even worse. It also seeks to reduce the persistent stigma around formal debt solutions such as Bankruptcy and Consumer Proposals. MNP Licensed Insolvency Trustees and the survey results are frequently quoted in local and national media across the country and have been referenced in provincial party press releases and even cited during question period in the House of Commons.
2025-09-04
Bankruptcy
The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.
2025-09-02
Lifestyle Debt Debt Solutions
You already know the many benefits of skilled money management. The fact you’re reading this blog post says at least that much. Your challenge, like for most households, is how to navigate the seemingly infinite demands on your frustratingly finite income.
2025-09-02
Lifestyle Debt
Have fun on a budget with our guide to affordable activities in Atlantic Canada.