A Consumer Proposal is a formal, legally binding process to deal with debt. Although it is not a bankruptcy, it falls under the Bankruptcy and Insolvency Act.

Each quarter, we partner with Ipsos to survey more than 2,000 Canadians, gauging their thoughts, feelings, concerns and opinions about debt.

Read the answers to the top 5 most asked questions about bankruptcy.

There’s been a point in nearly ever big city dweller’s life when they’ve thought fondly about leaving the bright lights behind and starting fresh in a small town.

Exciting news! MNP’s Insolvency team in Winnipeg has won the Consumer Choice Award in the Bankruptcy category for the Winnipeg region!

I filed bankruptcy and was not discharged due to money I still owed and was unable to pay the amount they wanted per month, the trustee closed my file cause the amount was court ordered and would not take smaller payments. What do I do now?

If i owe the government money and have assets such as a car and it is worth the amount that i owe to the government , are they able to take that from me??

You’re a good, honest person. You know you should pay your debts. You want to pay your debts. But you can’t.

Would you please explain "net income" - What if we have deductions as in CPP, Medical Insurance, and Super Anuations - Would we have to include that to our net income? Thanking you. Just very concerned before making a committment.

Would my employer find out if I file for bankruptcy?