MNP Debt Blog

If you are experiencing overwhelming debt loads, severely reduced income, unexpected job loss, or depleted savings, you may be wondering if Bankruptcy is right for you.

Let’s explore some of the stigmas around Bankruptcy, why you shouldn’t be afraid of this process, and how a Licensed Insolvency Trustee (LIT) can help you on your journey toward a debt-free future.

The MNP Consumer Debt Index celebrated its fifth anniversary in July 2023. The information we’ve collected over 25 quarterly surveys paints a detailed picture of how Canadians feel about their finances and individual debt situations.

The road to a financial fresh start begins with gaining insight into your current financial state. MNP has built various easy-to-use and accessible tools to help you understand your finances and determine the best debt relief options for you.

Bankruptcy can be an intimidating proposition, but it doesn’t have to be scary or complicated. Living with financial stress has many negative impacts, on your wallet, your mental health, and on your ability to plan for the future.

When you find yourself out of employment and unable to make ends meet, there are several steps you can take to navigate the situation.

It’s never too early, or too late, to work towards becoming debt free, especially as you approach retirement.

A Consumer Proposal is one of the many options available to consumers who are looking for a manageable way to eliminate debt while avoiding Bankruptcy. But you’re wondering if you can file another Proposal if you’ve gone this route once or...