2026-07-15
Bankruptcy versus Consumer Proposal timelines: What to expect from start to finish
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
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2026-07-13
MNP Consumer Debt Index: Nova Scotians caught in pre-spent paycheque cycle amid sustained cost pressures
MNP Consumer Debt Index
Atlantic Canadians (68%) are more likely than those in other provinces to say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index: Canadians caught in pre-spent paycheque cycle amid sustained cost pressures
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, three in five Canadians (61%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
