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.
Consumer Alert Re Debt Settlement In Ontario
2012-05-10
The Ontario Ministry of Consumer Services has recently issued an alert warning consumers to exercise caution when considering a contract for services being marketed as “debt settlement”, “debt management”, “debt reduction” or “debt consolidation”. To read the alert, click here >> If you are having difficulty managing your debt, please contact an MNP licensed trustee for a no-cost, no obligationconsultation to determine the best alternative for dealing with your debts, which may include filing a consumer proposal. For more information on consumer proposals,click here. Marvin Zweig, CA-CIRP, Trustee Senior Vice-President Markham, Ontario About MNP Ltd. MNP Ltd. has an extensive team of trustees in bankruptcy and proposal administrators, licensed by the Office of the Superintendent of Bankruptcy - an agency of Industry Canada, with 47 trustees located in numerous offices across the county from Quebec to British Columbia.
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.
