Displaying results for:
Increase In Insolvencies In Canada
16/10/2015
David Gowling
Bankruptcy
Consumer Proposal
Statistics Canada recently released a report stating that Canadians are holding a record level of household debt with the average Canadian household owing 164.6% of its annual income.
Read More arrow_forwardGrand Opening Of Our Stoney Creek Location
13/10/2015
MNP recently moved to a new location at Gullivers Square, which is directly across from the Eastgate Square Mall.
Read More arrow_forwardIts A Good Thing We Have Consumer Proposals
09/10/2015
David Gowling
Consumer Proposal
Alternatives to Bankruptcy
Often, when people think of insolvency, they relate it directly to bankruptcy. This can be very deflating to those who find themselves struggling with debt, but want to avoid having to file for bankruptcy.
Read More arrow_forwardCanadians And Credit Debt
05/10/2015
Lana Gilbertson
There’s no denying it, many Canadians are currently experiencing financial distress. According to Statistics Canada, the household debt in Canada is at the highest level even when measured as a portion of disposable income in 2015’s second quarter.
Read More arrow_forwardCanadian Household Debt
02/10/2015
According to Statistics Canada, households in Canada had the highest debt level ever when measured as a portion of disposable income in 2015’s second quarter.
Read More arrow_forwardDebt Relief in Canada
01/10/2015
Michelle Scheller
Financial struggles and high debt ratios are becoming more common among Canadians. Getting finances in order can be a very overwhelming task for many individuals. It is however, a very important task to tackle in light of increasing debt loads.
Read More arrow_forwardStudent Loan Debt
30/09/2015
Donna Carson
Finishing school and trying to jump start your career while navigating student loan debt can be overwhelming to say the least.
Read More arrow_forwardSaving, Not Borrowing: Something to Learn from Grandma
28/09/2015
Wesley Cowan
With summer over and kids returning to school, many Ontario families are getting back into the regular schedule of life, with all the busyness that entails. This is also often the time when we turn our thoughts toward the rest of the year and what we...
Read More arrow_forwardDo I Need to File a Consumer Proposal?
24/09/2015
Jeane Herman
You might ask yourself why you would need to file a Consumer Proposal, or possibly even look at filing for bankruptcy? Listening to the Statistics Canada announcement on September 11, 2015 regarding the level of Canadian’s household debt could be one...
Read More arrow_forwardThe Bankruptcy Assistance Program
23/09/2015
The Bankruptcy Assistance Program (the “BAP”) under the Bankruptcy and Insolvency Act is a very significant program for consumers.
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