A recent Ipsos poll conducted on behalf of MNP LTD reveals higher costs and interest rates appear to be causing an isolation phenomenon, with more than half of Atlantic Canadians saying they’re staying home more often (55%) to save money. Two in five say they’re spending less time socializing (44%) to cut spending.

You’ve been through one of the biggest financial challenges of your life. Overwhelmed by debt you couldn’t manage on your own, you made the choice to meet with a Licensed Insolvency Trustee.

A recent Ipsos poll conducted on behalf of MNP LTD reveals higher costs and interest rates appear to be causing an isolation phenomenon, with more than half of Atlantic Canadians saying they’re staying home more often (55%) to save money.

With so many moving parts, it can be hard to understand your finances. You have to budget and track your spending — not to mention keep track of all the bills that automatically come out of your account each month.

Deciding to follow through on a Consumer Proposal is a tough decision to make. It’s not a position that anyone wants to find themselves in, but at the same time, it’s nice to know that there’s a reasonable path back to full financial freedom.

After consulting with your local financial advisor, you’ve determined that Bankruptcy is the next step for you. While the decision may not be easy, it’s an important step in your journey to debt freedom.

For people who are struggling with their debt, a Consumer Proposal can be a great option to get their finances back on track.