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MNP Debt Blog

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The Top 7 Questions On Consumer Proposals

A Consumer Proposal is a formal, legally binding process to deal with debt. Although it is not a bankruptcy, it falls under the Bankruptcy and Insolvency Act.

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When your financial situation gets too complicated for you to resolve on your own, you may be considering various debt relief solutions.

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Unsure of the bankruptcy process? We'll outline the steps required that will help you understand whether or not bankruptcy is the right solution to resolving your debt.

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What Can I Expect At A Consultation?

Scheduling and attending a Free Confidential Consultation with an MNP Licensed Insolvency Trustee is the first step to changing your financial future.

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I am looking to declare bankruptcy and am wondering what the fees are? I am currently on E.I. and not able to pay. I am looking for a trustee who might take my case

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Wage Earner Protection NOW IN FORCE

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I have a vehicle, year 2000 value is about $8500.00, with no debt on it. What would happen to this given the vehicle exception is $5000.00? Thank you,

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I own a vehicle worth about $18000. I have a car loan with the vehicle as collateral. the balance owing is $22000. If i declare bankruptcy, will i lose the vehicle? Thanks for your advice DON

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Transferring Assets Before A Bankruptcy

How long before you file bankruptcy you are allowed to transfer asset? for example my 50% share of the house to my wife. could she buy it from me before I file bankruptcy? what happened if we get divorce?

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Top 7 Budgeting Tips for the New Year: Resolve to be Debt Free!

Will 2015 be the year you break the cycle of debt? If you’re tired of relying on credit and looking to secure a more comfortable financial future for yourself, read our seven step process to help you budget accurately and reduce your debt.

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