MNP Debt Blog

Orderly Payment of Debts is a debt repayment arrangement in the provinces of Alberta, Saskatchewan, Prince Edward Island and Nova Scotia.

As Canadians, we have a number of choices available to us in determining the best solution for managing our debts. Obviously, everyone’s circumstances will be a bit different, it's best to ask a few questions first to better understand your needs.

Learn what to do when you can't afford the payments in your proposal.

In January of this year, the Financial Consumer Agency of Canada, a Government of Canada agency, issued a consumer alert entitled Debt Reduction Companies: Beware of “Too Good to Be True” Offers.

The Ontario Ministry of Consumer Services has recently issued an alert warning consumers to exercise caution when considering a contract for services being marketed as “debt settlement”, “debt management”, “debt reduction” or “debt consolidation”.

I have a judgement on my house from BMO for default on an unsecured credit card, would that be removed in bankruptcy?

Effective May 28, 2012 the Enforcement of Money Judgements Act is proclaimed in effect in Saskatchewan

Will creditors stop calling if I file for bankruptcy? Gord Neudorf, a Trustee at MNP Ltd., addresses this question.

Will I lose my car if I declare bankruptcy?

I'm 2 years after being released from bankruptcy and now need a car loan. If the banks won't give an auto loan are there other "safe" companies in saskatchewan that will?