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Life in the Atlantic Bubble – Insolvency Practice and Realization on Assets
24/02/2021
Greg Gosse
COVID-19
Managing insolvency engagements within the new reality of the Bubble impacted engagements when travel was required from individuals outside the Bubble. The creation of the Bubble affected interaction with other professionals – such as lawyers,...
Read More arrow_forwardCommon myths and misconceptions about Bankruptcy
19/02/2021
Jeane Herman
Bankruptcy
Unmanageable debt is stressful enough without the persistent half-truths and complete inaccuracies that prevent people from getting the relief they need and deserve. Bankruptcy, more than any other debt solution, often seems to be the target of these...
Read More arrow_forwardWill my ICBC debt go away if I file a bankruptcy?
16/02/2021
Bankruptcy
Bankruptcy can provide relief for most types of consumer debt, save for a few noteworthy exceptions. Therefore, you can — in most cases — include a debt owing to the Insurance Corporation of British Columbia (ICBC) in a bankruptcy. However,...
Read More arrow_forwardJanuary Debt Index Update (MNP 3 Minute Debt Break)
04/02/2021
MNP Consumer Debt Index
Post retirement debt is rising in Canada. But it doesn’t have to be the end of the road.
26/01/2021
Dean Prentice, Renee Hubert
Lifestyle Debt
Debt during retirement is incredibly stressful, especially if you’re caring for an ailing spouse or dealing with health issues of your own.
Read More arrow_forwardThree calculations to assess your debt situation
25/01/2021
Bradley Milne
MNP’s quarterly Consumer Debt Index consistently finds between 45 and 50 percent of Canadians are $200 or less away from insolvency at month-end.
Read More arrow_forwardMortgage broker vs. banker: Who should you see about a mortgage following a Bankruptcy or Consumer Proposal?
22/01/2021
Leah Drewcock
Bankruptcy
Consumer Proposal
Your financial fresh start has opened a whole new work of possibilities for you, including the opportunity to become a homeowner.
Read More arrow_forwardMNP Consumer Debt Index reveals declining financial confidence and increasing debt concerns among Newfoundlanders as a result of the pandemic
18/01/2021
Greg Gosse
MNP Consumer Debt Index
Now in its fifteenth wave, the MNP Consumer Debt Index, which is conducted quarterly by Ipsos on behalf of MNP LTD, finds nearly half (47%) of Atlantic Canadians are not confident they can cover their living expenses for the next year without going further...
Read More arrow_forwardMNP Consumer Debt Index reveals pandemic impact on personal finances and consumer debt in Saskatchewan and Manitoba
18/01/2021
Pamela Meger
MNP Consumer Debt Index
Now in its fifteenth wave, the MNP Consumer Debt Index finds four in 10 (42%) Saskatchewan and Manitoba residents are not confident they can cover their living expenses for the next year without going further into debt, a one-point drop from September....
Read More arrow_forwardMNP Consumer Debt Index reveals declining financial confidence and increasing debt concerns among New Brunswick residents as a result of the pandemic
18/01/2021
Tara Silliker
MNP Consumer Debt Index
Now in its fifteenth wave, the MNP Consumer Debt Index, which is conducted quarterly by Ipsos on behalf of MNP LTD, finds nearly half (47%) of Atlantic Canadians are not confident they can cover their living expenses for the next year without going further...
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