2025-07-11
How to prepare for your mortgage renewal in a high-rate environment
With rates still elevated, Canadians renewing mortgages face tough choices. Here’s how to prepare.
What Are The Steps In Filing Bankruptcy
2011-12-06
Watch the video or read below for more information Step 1 The first step is deciding you need help with your money problems.Step 2 Contact an MNP Trustee for a 1st meeting at no cost.Step 3 Bring in your statements or a list of debts, a list of your assets, a proof of your income and a detailed budget (monthly net revenues & expenses).Step 4 Your trustee will discuss with you the options. Then if bankruptcy is the best option, the trustee will prepare what’s called a Statement of Affairs – which includes a list of all your creditors and assets. It will then be filed with the Government to make it official. From this moment you are protected by theBankruptcy and Insolvency Act and your creditors will be informed a few days later. For more question about bankruptcy, please refer to ourBankruptcy FAQ.
Latest Blog Posts
2025-07-11
Unexpected summer expenses
From camps to lawn care, summer costs can add up fast. Learn how to plan ahead and avoid seasonal surprises before they catch you off guard.
2025-07-08
Parents’ budgeting tips: Five ways to help you save
Alternatives to Bankruptcy Bankruptcy
If you sit down with your parents, they might have a lot of valuable pieces of advice to help you save money. These five tips can help you build a budget.
