MNP Debt Blog

British Columbians are increasingly reliant on debt and struggling to pay off their outstanding balances.

Exciting news! MNP’s Insolvency team in Winnipeg has won the Consumer Choice Award in the Bankruptcy category for the Winnipeg region!

MNP Ltd.’s Winnipeg office was awarded the 2014 / 15 Consumer Choice Award in the Trustee in Bankruptcy category for a third straight year.

Canadians are more reliant on debt than ever and the outlook for paying it off any time soon appears bleak.

A U.S. survey conducted earlier this year by NerdWallet Health found that medical bankruptcy accounts for the majority of personal bankruptcies.

A recent Ipsos poll conducted by MNP LTD. finds Manitoba residents are finding it difficult to make ends meet – especially when compared to other provinces.

According to a recent Ipsos poll conducted by MNP LTD., Manitoba residents are increasingly worried about their ability to repay their debts.

If you go into bankruptcy or do a Proposal under the Bankruptcy and Insolvency Act, the creditor cannot attempt to collect from you, but they will attempt to collect the amount from the joint debtor, who in your case is your spouse.

What happens if you can no longer pay any debts? With both people on pensions can the creditors go after your pensions and can they put a lien on your house even though you don't own it, but you have good standing with your mortgage. What happens if you...

Owing the government money can be very intimidating as it’s assumed the government has a limitless ability to collect the debt through any means necessary.