2025-10-17
How buyer’s remorse laws can help you stay out of debt
This is called buyer’s remorse. In some cases, Canadian law provides protections that can help you reverse these costly decisions and avoid sinking further into debt.
Bankruptcy And Unemployment
2009-05-07
Yes...someone can file for bankruptcy when they are unemployed. In fact, with the economic situation as it is currently and more layoffs than in recent years, it is a common cause of financial troubles. And sometimes a common cause of bankruptcy. I would recommend that you contact one of our Trustees in your region before your bills fall too far behind. There are other options available besides a bankruptcy. But the Trustee can also review how a bankruptcy would affect you as well. Once actions are started by creditors, some of the other options may not be available to you any longer. Our list of our Alberta Trustees in your region can be found at http://www.mnpdebt.ca/contact/alberta/default.aspx. Other provinces are on our home page at http://www.mnpdebt.ca/contact/default.aspx under the Contact Us link. Donna Carson, CGA, CIRP, Trustee 1.877.500.0792 [email protected]
Latest Blog Posts
2025-10-13
Managing debt through divorce: What to consider
Debt Solutions Lifestyle Debt
When relationships end, shared debt can become a lasting burden. Here’s what to know about your responsibilities, risks, and financial options.
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Ontarians face ‘heat or eat’ decisions as financial strain deepens
MNP Consumer Debt Index
Ontarians’ financial vulnerability is intensifying as persistent economic uncertainty, concerns about borrowing costs, and employment anxiety weigh on household confidence.
