""

MNP Debt Blog

Displaying results for:

What Happens At The First Counselling Session?

When an individual or couple files a consumer proposal or an assignment in bankruptcy, the Bankruptcy and Insolvency Act requires the completion of two financial counselling sessions with a Registered Insolvency Counsellor.

Read More

As Canadians struggle with record-high consumer debt, employers have plenty of reason to worry.

Read More

Exploring the Differences Between a Consumer Proposal and a Bankruptcy

In today’s constantly shifting economic landscape, many Canadian households are struggling to keep up from one payment to the next – let alone keep up with an ever-increasing cost of living.

Read More

Aggressive Debt Repayment vs. Consumer Proposal

For people with minor or even moderate debt, the combination of a structured financial plan and a few temporary sacrifices can go a long way toward eliminating their burden.

Read More

Getting To Know The Licensed Insolvency Trustee

Dealing with the stress of unmanageable debt is exhausting.

Read More

Will Bankruptcy Erase All Of My Debt?

The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.

Read More

What Happens If I Owe CRA A Lot Of Money

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.

Read More

People often cite unexpected expenses as one of the main reasons they began using their credit cards at the beginning of a debt cycle.

Read More

Who Can File For Bankruptcy?

There are several common scenarios which may cause you to wonder whether personal bankruptcy is an appropriate option to get out of debt.

Read More

With the ever-rising cost of post-secondary education comes increased student loan debt.

Read More