2020-07-06
Financial Scams
Alternatives to Bankruptcy Bankruptcy Consumer Proposal Debt Solutions Lifestyle Debt
Financial scams have been around for decades. But they have never been as common, insidious and invasive as they are today.
My income is much lower in the winter when we're not as busy at work, can a consumer proposal still work for me?
Yes a consumer proposal would still be a viable option. The terms of a consumer proposal can be quite flexible, particularly as it relates to the payment schedule. For example, if your work is seasonally based with higher income in the summer months, you could structure the proposal to include higher monthly payments say from May to October and then lower payments from November to April. In other cases, such as with farmers, it may be more effective to do a proposal that involves semi-annual or annual payments rather than monthly.
Contact an MNP Trustee in your area to discuss the options available to you.
Bradley Milne
CIRP, LIT
Senior Vice President
Servicing: Brandon, Killarney, Portage la Prairie, Neepawa, Virden, Souris, Deloraine
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2020-06-30
What are my debt consolidation options?
Alternatives to Bankruptcy Bankruptcy Consumer Proposal Lifestyle Debt Debt Solutions
Consolidation is one of the options you may choose to investigate if your debt payments have become overwhelming.
2020-06-19
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.
