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MNP Debt Blog

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Everything you need to know about retiring debt free

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

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How long does the Bankruptcy process last?

You might be looking for a solution to your financial stress, and you could have heard that Bankruptcy will help you achieve a fresh financial start — but you may have questions about the process. One of the most common among these is how long a...

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We’ve summarized the protections the BIA provides and the three major players in the insolvency system to help you make an informed decision about your next step forward.

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discussing at a desk bankruptcy vs insolvency concept

In Canada, a handful of options exist for individuals who are exploring insolvency or Bankruptcy. The stress of financial difficulties can be lessened with the help of a Licensed Insolvency Trustee (LIT) to help you work through the realities of your...

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Consumer Proposal vs Bankruptcy: Explore your debt relief options

If you're facing a mountain of debt, you're not alone. There are two viable options available to help you find relief: Consumer Proposal and Bankruptcy. How do you know which option is best for you?

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The Bank of Canada has just announced another increase in interest rates. How does this affect you as a Southern Albertan?

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Do I keep my car in a Bankruptcy or Consumer Proposal?

We’re here to answer your questions about whether you will be able to keep your vehicle if you choose Bankruptcy or a Consumer Proposal to work towards achieving a debt-free future.

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How often can you file for Bankruptcy?

This article will look at how often you can declare Bankruptcy, how it will affect your financial situation, and what other options you may have to address your unmanageable debt.

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