MNP Debt Blog

Bankruptcy isn’t free, but it may be the life changing debt solution you’re looking for.

When you file for bankruptcy, it is helpful to first understand what the potential related costs of the process are and how they are determined.

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

YES! Of course you can still buy things after you file for bankruptcy; in fact, one of the most attractive benefits of a bankruptcy is that you are free from all of the unsecured debt payments you were previously making and as a result; you will likely...

If you’ve found yourself stuck in what seems like a never ending cycle of debt, it’s important to know that you’re not alone.

The association between insolvency and distrust may exist, but in reality, it’s often far from the case. In truth, financial distress hits people from all walks of life.

Segregated funds are a type of investment vehicle that allows an investor to invest funds with a guarantee minimum return of initial capital.

If you are an individual who has filed a bankruptcy under the BIA and you have not been discharged from bankruptcy, you may opt to make a Consumer Proposal to your creditors.

While a corporation is intended, in part, to provide an individual with separation or protection from company debts, a personal director liability can be incurred on GST, PST and source deductions.

With a stagnant economy and unemployment continuing to take its toll on several provinces, thousands of households or Canadian households are finding themselves struggling to keep up with an ever-increasing cost-of-living as debt continues to compound....