Feel like you’re stuck in a cycle of debt and can’t get out? If you’ve had enough of juggling with your debt payments, a debt consolidation loan can help to eliminate the uncertainty of being able to pay your bills on time, while establishing a manageable repayment budget. Debt consolidation means combining your debts into a single, overall loan from your bank or financial institution.

An informal debt settlement of debts is essentially a voluntary proposal between you and your creditors without judicial surety or the step by step support that comes from working with a licensed trustee.

Voluntary deposit is a judicial process used in Québec to restructure a debt repayment. It is legislated in the Québec Code of Civil Procedure.

MNP LTD Trustee Gord Neudorf was interviewed byWinnipeg Metro to discuss insolvency filings in Manitoba and how they compare to those of Saskatchewan and Alberta.

On Friday, August 14, 2015 Doug Stuive and his team at MNP hosted their annual Back to School Charity BBQ. Despite the morning downpour, it was a fun filled afternoon which highlighted the spirit of our community.

It’s 8:00 am on Monday morning and you arrive at work ready to start the week, only to find that all staff have been summoned immediately to an emergency meeting in the staff room. Amid whispers of what could possibly be going on, you head into the meeting where you are advised by a Licensed Insolvency Trustee (the “Trustee”) that the company you work for has been placed into bankruptcy and the job you love has been terminated, effective immediately....

As Albertans continue to grapple with the stark realities of a significant crisis throughout the energy sector, thousands of households have found themselves unable to keep up with day-to-day expenses, let alone their financial obligations.

Okanagan Edge recently covered an MNP survey surrounding financial literacy and consumer spending throughout B.C.

With interest rates sitting at the bottom or the barrel, many British Columbians have felt free to spend as they please, dipping further and further into credit reliance in order to keep up spending habits.

With the Bank of Canada holding interest rates at record lows of just 0.5 per cent, many British Columbians are on a credit spending binge, using home equity as a means for taking on more debt.