2025-10-30
Debt traps and financial nightmares
Lifestyle Debt
Many Canadians are stuck in payday loan cycles. Learn how debt traps form, why they’re harmful, and what you can do to escape and regain control.
Can I File A Consumer Proposal
2011-08-23
A consumer proposal can be filed by anyone owing creditors less than $250,000 (excluding the mortgage(s) on their principal residence) and if the debtor is insolvent, in other words, is unable to pay their debts as they generally come due. That fact that no payments have been missed;does not preclude the filing a consumer proposal. Please contact a local MNP office to arrange a no cost, no obligation consultation where we will review your income, expenses, assets and debts and assist you in filing a viable consumer proposal. Marvin Zweig, CA-CIRP, Trustee Markham, Ontario
Latest Blog Posts
2025-10-21
How we helped a client decide between a consumer proposal and bankruptcy
A client thought bankruptcy was their only way out. See how a consumer proposal helped them keep their home and repay debt with confidence.
2025-10-20
Seniors and Debt
Alternatives to Bankruptcy Bankruptcy Consumer Proposal Lifestyle Debt MNP Consumer Debt Index
Just when seniors should be relaxing and enjoying the fruits of their labour, many find themselves struggling financially — an unsettling contrast to the ease they’d hoped to live their golden years.
