MNP Debt Blog

Part of deciding whether a Bankruptcy or Consumer Proposal is right for you is knowing what kinds of debts can be included and will be discharged when the process is successfully completed. While we won't cover every single debt here, the following list...

​Relief from debt stress may be the only thing people focus on when they file a Bankruptcy. But for most households dealing with the overwhelm and hopelessness of long-term money problems, that's only the beginning. Bankruptcy has numerous peripheral...

On October 29, 2018, Bill C-86, Budget Implementation Act, 2018, No. 2 was tabled, which includes some important amendments to the Wage Earner Protection Program Act (WEPPA).

The approach taken by the Canada Revenue Agency (CRA) regarding the collection of personal income tax debt is straightforward.

A lot has changed over the past 200 years, but those two simple truths live on. Much as it may irk some, cost more to others and confuse many, filing taxes is the law, plain and simple.

As a Licensed Insolvency Trustee, I meet a lot of people who are struggling with debt. And though their stories are all different, their experiences of searching for help often share a lot in common.

Some would believe that bankruptcy is an unappealing way to resolve their ongoing debt problems.

In today’s constantly shifting economic landscape, many Canadian households are struggling to keep up from one payment to the next – let alone keep up with an ever-increasing cost of living.

The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.

There are several common scenarios which may cause you to wonder whether personal bankruptcy is an appropriate option to get out of debt.