MNP Debt Blog

Bankruptcy can be an intimidating proposition, but it doesn’t have to be scary or complicated. Living with financial stress has many negative impacts, on your wallet, your mental health, and on your ability to plan for the future.

Let’s explore some of the stigmas around Bankruptcy, why you shouldn’t be afraid of this process, and how a Licensed Insolvency Trustee (LIT) can help you on your journey toward a debt-free future.

Let’s review what a Consumer Proposal is, as well as the pros and cons of filing a Proposal, to help you determine if it’s the right solution for your unique situation.

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....

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...

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

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.

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

The first step to handling financial difficulty is being aware of the situation. Are you insolvent or bankrupt? Here’s how to tell.

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.