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.
Student Loan Debt
2015-09-30
Finishing school and trying to jump start your career while navigating student loan debt can be overwhelming to say the least. It’s important to understand your options as you try to find debt solutions that are manageable for your financial situation.
For example, many new graduates aren’t aware that student loan debts could be restructured through a proposal filed to creditors, allowing for more room in the budget to pay off student loan debt. In a recent Toronto Metro article titled “Can you get rid of student loans by declaring bankruptcy?” Donna Carson with MNP LTD provides insight on the topic.
The article was originally posted online at Toronto Metro on Saturday, August 29, 2015.
Latest Blog Posts
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.
