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.
2008-07-10
Effective: Became law on July 7, 2008 Purpose: To provide payment of outstanding wages to individuals whose employers become bankrupt or are subject to a Receivership Eligibility: A worker must have his or her employment ended as a result of his or her employer filing for bankruptcy or being subject to a receivership, and that worker must be owed wages and vacation pay earned during the six months prior to the date of bankruptcy/receivership. Officer and Directors of the Employer are not eligible. Benefit Amounts: A worker may claim up to and receive from WEPP directly an amount equaling four weeks maximum insurable earnings under the Employment Insurance Act, currently about $3,000. Some exceptions apply. If you have questions, contactYvonne Sutton at: 250-979-1739 or contact your localMNP Trustee.
2025-10-21
A client thought bankruptcy was their only way out. See how a consumer proposal helped them keep their home and repay debt with confidence.
2025-10-20
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
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.