MNP Debt Blog

The weather is warmer, people are coming out of hibernation from the long winter and soon our children will be done with school. Once the summer months get into full gear, people naturally turn their attention to getting away to recharge, relax and (deservedly)...

The recent amendments to the Bankruptcy and Insolvency Act now change the length of time a person is required to stay in Bankruptcy.

As bankruptcies are being filed in record numbers by both consumers and businesses alike, many are wondering how to protect their assets.

MNP’s David Gowling recently discussed Hamilton’s growing debt issues on the Scott Radley Show.

Struggling with rising debt? MNP Bankruptcy Trustee Dean Prentice discusses increased debt loads and how consumers can manage them in our latest blog.

Filing for personal bankruptcy still carries a powerful stigma in this country. Mere mention of the word conjures up thoughts of irresponsible consumers who couldn't be bothered to figure out a reasonable budget.

If I were to declare bankruptcy and I have recently transferred a jointly owned/purchased camper to my spouse what effect will that have on my bankruptcy.

Only a government licensed Trustee in Bankruptcy can file a bankruptcy on your behalf in Canada. As part of this process, your Trustee will first conduct a comprehensive assessment of your financial situation to determine if a bankruptcy is your best...

The credit card statements are neatly piled on the top of your desk waiting to be paid. All have different payment dates scattered throughout the month and collectively the payments are somewhat manageable but the interest rates are making it nearly impossible...

With a continual downturn in the price of oil, a barrage of layoffs and a weakened Canadian dollar, making it from one debt payment to the next has become a significant challenge.