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MNP Debt Blog

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While consumer insolvency rates continue to increase in many provinces, consumer insolvencies (bankruptcies and Consumer Proposals) filed in B.C. were down almost 7% from 2015. That’s a good thing isn’t it?

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5 Tips To Get Out Of Debt

Trying to pay your down debt but feel like there’s no wiggle room? Here’s a few tips to free up some funds and get you back on track.

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When a person files a Consumer Proposal or bankruptcy, they are required to provide full financial disclosure to the LIT. In fact, the legal documents which summarize their financial position are signed under oath.

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Considering bankruptcy as a debt solution but wondering what happens to your property across the border? Let’s explore.

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What Can I Keep In A Bankruptcy In Manitoba

The debt load is now overwhelming. This is not where you thought you would ever find yourself. After trying everything you can think of to manage it, you see no light at the end of the tunnel and you know it’s time to consult with a Licensed Insolvency...

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How To Manage Debt While Saving For The Future

As the Canadian economy continues to struggle and the cost of living continues to soar, many Canadians are struggling to keep up with the costs of day-to-day living, let alone manage debt or save for the future. Sound familiar?

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Are RRSPs Affected By Bankruptcy

An RRSP is an asset of a bankruptcy estate, however subject to exemptions provided by both provincial and federal legislation. It is the exemptions afforded a bankrupt that permits an individual to retain certain assets, while permitting them to access...

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Every Familys Path Is Different

Take care of those you love, those who are close to you, with or without a bloodline.

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Groundhog Day Does Your Debt Keep Repeating Itself

Given today’s economic situation, it’s no surprise to learn thousands of Canadian households are struggling and relying on credit to carry them through in a financial pinch. While credit can be an incredible tool, credit reliance can quickly...

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While the story of Bre-X certainly played out like a movie script, like most Canadian scandals, it garnered little interest outside of the mining industry south of the border, especially, almost 20 years later.

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