Consumer Proposals are the leading alternative to bankruptcy in Canada for individuals who wish to negotiate a more favourable debt repayment plan with their unsecured creditors.

MNP LTD Trustee Zaki Alam was interviewed by the numerous media outlets to discuss insolvency increase in Edmonton. The original article was originally posted online on numerous media outlets between June 27 - June 29, 2016.

The recent Business Outlook Survey conducted by the Bank of Canada confirmed what many Canadians already know – our economy is still struggling, unemployment is increasing, businesses are struggling and the cost of living is not making financial health easy for anyone.

The Calgary Herald recently featured MNP’s Lana Gilbertson and Judy Scott discussing the state of consumer debt in B.C.

MarketWired recently covered MNP’s recent Consumer Debt Sentiment Survey which shows millions of Canadians are struggling to stay afloat.

The act of co-signing a loan is easy. It can also feel very rewarding since you’re often helping a family member or friend who wants to buy a new car or maybe even a house.

The Execution Act is the legislation responsible for outlining those assets that cannot be seized by a creditor or a Trustee in Bankruptcy to help pay down debts.

so if i own two vehicles before i claim for bankruptcy and one cost under 3000 to buy and the other one deos not work(broke down) i will still keep both or no just one of them?

The results are in from MNP’s recent Debt Sentiment Survey. In short? Canadians are unsure about their financial futures and rising debt loads.

As one of the largest personal and corporate insolvency practices in Canada, MNP Ltd. is excited to announce our expansion into Newfoundland.