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MNP Debt Blog

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What Happens If My Credit Cards Are Frozen

Credit cards have seemingly become a staple to today’s consumer. Many credit card companies offer points or rewards systems as an incentive to sign up. Major credit cards are accepted by nearly every retail outlet, restaurant, service provider and...

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That is a question that we get a lot as Trustees. Every situation is different but generally speaking, the answer is a three-step process.

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What exactly are your duties during a bankruptcy and what happens if you can’t keep up with them? Both very good questions!

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What Is A Voluntary Deposit

Voluntary deposit is a judicial process used in Québec to restructure a debt repayment. It is legislated in the Québec Code of Civil Procedure.

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I have alot of debt, that I am unable to pay, what happens if I don't declare bankruptcy? I have no money to file for bankruptcy?

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The purpose of this article is to give you some idea of what your rights are in a bankruptcy when you are a creditor and aren’t satisfied with some aspect of the process.

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A description of the information you should bring to the initial meeting with a Trustee to review your options.

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It’s 8:00 am on Monday morning and you arrive at work ready to start the week, only to find that all staff have been summoned immediately to an emergency meeting in the staff room. Amid whispers of what could possibly be going on, you head into the meeting...

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What Protection Exists In Ontario For Your Retirement Savings

If you are having difficulty paying your debt in Ontario and are concerned that creditors may be able to seize your retirement fund or if you are considering withdrawing the fund to pay your debt, it is important to know what creditors can and cannot...

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What is the process required for a credit card or loan company to garnish my wages in Manitoba. And, if they do garnish wages what is the limit in Manitoba?

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