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.
Ontario Government To Crack Down On Debt Settlement Companies
2013-01-04
Today the Ontario government announced plans to impose regulations on debt settlement companies who advertise the ability to reduce the debts of consumers by up to 70% of more. They claim to be able to stop collection action and harassment by creditors or their agents. Read the complete article in theToronto Star here. These debt settlement companies are also known to charge significant fees with very limited or no benefit to debtors. Only aTrustee in bankruptcy, licensed by the Office of the Superintendent of Bankruptcy, has the ability under the provisions of the Bankruptcy and Insolvency Act to stop collection action action and garnishments, for most debts, upon the filing of an assignment in bankruptcy or a consumer proposal. For a no cost, no obligation consultation to discuss a resolution of your debt issues, please contact yourlocal MNP office. Marvin Zweig, CA-CIRP, Trustee Markham, Ontario
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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.
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.
