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MNP Debt Blog

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Generally, when an individual becomes a bankrupt, their assets vest in the trustee and are realized for the benefit of creditors. However some assets are exempt from seizure and realization by the Trustee.

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As Trustees and Proposal Administrators in Saskatchewan, one of the most frequently asked questions we hear is "can I keep my car?." In most of the situations we come across, the answer is - yes.

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If I file for bankruptcy, who will know? Will my employer find out?

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Getting into a situation where debt can get out of hand is a fairly common occurrence in today’s world.

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Informal Solutions For Reducing Your Debt

People are always asking: are there options before I have to file a Consumer Proposal or a bankruptcy? The answer is YES, but like anything, it takes commitment and diligence for them to work. So what are the options?

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Following nearly seven years of sustained, near historic low interest rates, Canadian debtholders were surprised this summer when the Bank of Canada introduced two back-to-back increases in less than three months.

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Life After A Consumer Proposal

Learn about what happens after you complete your final payment under a consumer proposal. Read this blog about your life after a consumer proposal.

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Make My Debt Disappear

Each quarter, we partner with Ipsos to survey more than 2,000 Canadians, gauging their thoughts, feelings, concerns and opinions about debt.

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For many Canadians, their retirement years are supposed to represent their golden years where they can enjoy the fruits of a lifetime of work and labour.

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Thinking about filing for bankruptcy can fill one with fear and uncertainty, it is natural for anyone considering this option to worry about what they will need to give up in order to be debt-free.

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