2025-06-30
Who Can File For Bankruptcy
Bankruptcy
There are several common scenarios which may cause you to wonder whether personal bankruptcy is an appropriate option to get out of debt.
2014-11-28
Author: Frederic Lachance
When a person in debt is trying to solve their money problems, they first have to make a choice of which debt solution they should use. We saw in a previous blog that there are different options available: debt consolidation loan, voluntary deposit (in Quebec), bankruptcy and Consumer Proposals.
The Consumer Proposal, which is the equivalent of a Chapter 13 bankruptcy procedure in the U.S., is the solution that has the most advantages. These include:
These are only a few of the many advantages of a Consumer Proposal over other debt options. If you need more information, please contact one of MNP Ltd.’s debt advisors in your region.
2025-06-30
Bankruptcy
There are several common scenarios which may cause you to wonder whether personal bankruptcy is an appropriate option to get out of debt.
2025-06-30
Debt Solutions
Here are the four stages of debt collection you can expect.
2025-06-30
Credit Counselling
Here are the ABC’s of dealing with creditors and debt collectors.