MNP Debt Blog

For eliminating debt all-together, two widely used options for Canadian households are Bankruptcy and Consumer Proposals. Although both filings are legislated under the Bankruptcy and Insolvency Act, also known as the BIA, and must be filed by a Licensed...

Congratulations! Now that your Bankruptcy or Consumer Proposal is completed, you are in the next phase of taking control of your finances. Without debt, you now have the freedom and opportunity to make financial decisions based solely on your goals —...

Whether you run your business via a corporation, partnership, or sole proprietorship, you cannot know when events in the future will have a significant impact to your business and cash flow.

When a debt is statute-barred, it cannot be brought to court and legally enforced because too much time has passed.

The impact of this year’s consecutive interest rate hikes and persistent inflation is becoming clear, as Canadians are seeing the effect on their wallets.

The impact of this year’s persistent inflation and consecutive interest rate hikes are becoming clear as Albertans grow more worried about the effect on their wallets.

The impact of this year’s persistent inflation and consecutive interest rate hikes is becoming clear as Saskatchewan and Manitoba residents voice concerns about the effect on their wallets.

Stuck in a cycle of debt but not sure exactly what your options are or how to decide which is the best route for you?

Assessing whether your client is experiencing financial distress does not require access to detailed financial information, but rather facts which are readily available if you keep a keen eye and watch for them.