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Consumer Proposals: Frequently Asked Questions

Consumer Proposal is a formal offer to your creditors to settle your unsecured debt. It reduces the overall amount of debt you pay back while ensuring your creditors still recover a percentage of what’s owed to them.

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Risky Financial Behaviours Keeping British Columbians in Debt

A survey conducted by Ipsos on behalf of MNP LTD helps identify some of British Columbians’ costly money mistakes which could be contributing to the mounting consumer debt challenges across the province.

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Risky Financial Behaviours Keeping Quebecers in Debt

A survey conducted by Ipsos on behalf of MNP LTD helps identify some of Quebecers’ costly money mistakes which could be contributing to the mounting consumer debt challenges across the province.

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Risky Financial Behaviours Keeping Albertans in Debt

A survey conducted by Ipsos on behalf of MNP LTD helps identify some of Albertans’ costly money mistakes which could be contributing to the mounting consumer debt challenges across the province.

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Against the backdrop of a global pandemic, Ontarians are more concerned about their finances than ever before

The global crisis surrounding COVID-19 has delivered an unprecedented financial shock to Ontarians at a time when personal finances are already a source of stress for many.

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Risky Financial Behaviours Keeping Ontarians in Debt

A survey conducted by Ipsos on behalf of MNP LTD helps to identify some of Ontarians’ costly money mistakes which could be contributing to the mounting consumer debt challenges across the province.

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Risky Financial Behaviours Keeping Canadians in Debt

A survey conducted by Ipsos on behalf of MNP LTD helps identify some Canadians’ costly money mistakes which could be contributing to the mounting consumer debt challenges across the country.

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Five Tips for Managing Your Finances During the COVID-19 Pandemic

The ongoing uncertainty and instability caused by the COVID-19 pandemic have many people concerned about how they’re going to weather the months ahead.

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Unlock the power of compound interest

Explore what compound interest is, provide examples of how it can impact both investments and loans, and discuss the pros and cons to help you make informed financial decisions.

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Can you buy a vehicle when you’re in Bankruptcy?

Provided under the Bankruptcy and Insolvency Act, Bankruptcy law aims to balance your need for a financial fresh start with your creditors’ right to recover a portion of the money they’re owed.

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