Are you experiencing serious financial issues but hesitant to meet with a Licensed Insolvency Trustee? Your reluctance is normal and completely understandable — especially if you've turned to the internet for answers about Bankruptcy, only to find confusing or outdated misconceptions. Bankruptcy isn't right for everyone. But part of a trustee's job is to dispel the myths and arm you with the information you need to decide whether it's right...

The collective pressures of increased interest rates, an uptick in consumer debt over the holidays, a stagnating economy and persistently high cost of living are making it difficult for Canadians to repay their debts.

Declaring bankruptcy is not an easy decision to make. It’s important that each individual seeking out the best debt solution to their unique situation have a full understanding of exactly what the requirements and consequences of filing for bankruptcy are.

If bankruptcy is right for you, the professionals at MNP will guide you through the entire process and put an end to your debt problems for good.

According to a recent Ipsos poll conducted by MNP LTD., a growing number of Ontarians are noticing the effects of recent interest rate increases.

New survey results released today by MNP LTD finds that Canadians are concerned about the uncertainty of a potential housing bubble and impending interest rate hikes.

According to a recent Ipsos poll conducted by MNP LTD., a growing number of Quebec residents don’t earn enough to cover their bills and debt payments, with one third (33%) – a five percent increase since September – now mirroring that sentiment.

Underscoring financial vulnerabilities in New Brunswick when it comes to consumer debt, the latest official figures from the Office of the Superintendent of Bankruptcy (OSB) continue to reinforce the mounting strain on many households in the province. The number of New Brunswick residents who filed for insolvency in the second quarter of 2019 was up 11.7 per cent compared to the same quarter of last year and up 20.4 per cent compared to the first...

Underscoring financial vulnerabilities in Newfoundland and Labrador when it comes to consumer debt, the latest official figures from the Office of the Superintendent of Bankruptcy (OSB) continue to reinforce the mounting strain on many households in the province. The number of Newfoundland and Labrador residents who filed for insolvency in the second quarter of 2019 was up 22.4 per cent compared to the same quarter of last year, the greatest increase...

The survey, conducted by Ipsos on behalf of MNP LTD, shows half of British Canadians (49%) say they would be embarrassed to get help if their financial situation was bad enough to consider Bankruptcy. More than a quarter (28%) of survey respondents say the stigma surrounding Bankruptcy prevents them from seeking help.