2010-01-27
The next step in order to file a consumer proposal would be for one of our counsellors to gather some information from you and explain how a proposal would work in your specific instance. If you have the information that you gave to the credit counselling agency, that would likely be all of the same information we would need. Who are your creditors and roughly how much do you owe them? What kinds of assets do you own? What does your current budget look like? Based on this...we can calculate what your payment would be in a proposal and how long we think it would be for. (You can use a maximum of 5 years in a consumer proposal). We would also calculate how a bankruptcy would work in your situation. I know this isn't the option you're taking..... but we show you how much your creditors would get in a bankruptcy. And compare that to how much would be a reasonable offer to make in a proposal. If you like, contact me directly. Or locate one of our counsellors or Trustees in your area. They can be found on our website at Click here Donna Carson, CGA, CIRP, Trustee 1.877.500.0792 [email protected]
2025-11-17
November 16-22, 2025 is National Addictions Awareness Week (NAAW) in Canada. Every year, organizations across the country observe this important week and do what they can to help those who may be struggling with addictions, while raising awareness and sharing information as to how family and friends can create support networks.
2025-11-13
Debt Solutions
Many may feel ashamed, embarrassed and completely overwhelmed about their debt. People experiencing debt-related stress often suffer from many associated health issues, such as sleepless nights, headaches, tension and more. And feeling out of control when it comes to managing their debt payments often prevents people from taking control of their financial situation. Not all debt results from overspending, living beyond one’s means, frivolous behavior or money mismanagement. To answer your questions about the stigma of debt, and to learn about the options available to you, tune into our Stigma of Debt VLOG series below with MNP's Licensed Insolvency Trustees.
2025-11-12
Bankruptcy Consumer Proposal
Summer fun doesn’t have to come with a hefty price tag.
