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MNP Debt Blog

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What are the alternatives to Bankruptcy, and which is best for me?

If you are experiencing overwhelming debt loads, severely reduced income, unexpected job loss, or depleted savings, you may be wondering if Bankruptcy is right for you.

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How to include student loans in a Bankruptcy or Consumer Proposal

Student loan debt has become a significant cause of financial burden on many post-secondary students in Canada. As the cost of education continues to rise, many students leave university or college carrying the burden of debt and the repayment process....

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A guide to life after Consumer Proposal

You’ve made your last payment but now what? How to establish and keep good financial habits following a Consumer Proposal.

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How long does the Bankruptcy process last?

You might be looking for a solution to your financial stress, and you could have heard that Bankruptcy will help you achieve a fresh financial start — but you may have questions about the process. One of the most common among these is how long a...

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Everything you need to know about life after Bankruptcy

Moving forward from Bankruptcy and making the most out of your financial fresh start.

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We’ve summarized the protections the BIA provides and the three major players in the insolvency system to help you make an informed decision about your next step forward.

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Everything you need to know about the rising debt among young medical students

Young medical school graduates struggle to pay off significant debt, both private and government, accrued during studies, insolvency may be the best option.

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How can I manage my CERB repayments?

The Federal Government rolled out the Canada Emergency Response Benefit (CERB) to support those who were unable to work during the COVID-19 pandemic — and many people signed up quickly before the eligibility requirements were complete.

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Consumer Proposal vs Bankruptcy: Explore your debt relief options

If you're facing a mountain of debt, you're not alone. There are two viable options available to help you find relief: Consumer Proposal and Bankruptcy. How do you know which option is best for you?

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