MNP Debt
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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, each situation is different and ICBC will take a position based on the facts of each file. Read more: #DefeatDebt

As pandemic-related economic pain and wage losses continue, there are signs 2020’s financial stressors will likely continue into 2021. Now in its fifteenth wave, the MNP Consumer Debt Index has dropped to 89 points, the lowest point since it was introduced in June 2017. Listen here: #MNPDebtBreak #Podcast #MNPcdi

Every family’s path is different. This #FamilyDay, celebrate debt free. #DefeatDebt

Treat that special someone with the gift of financial freedom this Valentine’s day. #DefeatDebt

The total number of insolvencies (bankruptcies and proposals) in Canada decreased by 7.4% in December 2020 compared to the previous month. Bankruptcies decreased by 3.0% and proposals decreased by 9.7%. Read more:

Now that you’ve been discharged from Bankruptcy / completed your Consumer Proposal and rebuilt your credit, you’re keen to take the next step toward home ownership. You’re saving, you’re budgeting for all the costs involved and you’re nearly ready to put an offer in. But have you factored mortgage default insurance into your calculations? Learn more: #DefeatDebt

Did you know? Every MNP 3 Minute Debt Break episode delivers one key money management tip in less time than it takes to brew yourself a cup of coffee. You can stream our Podcast on several streaming platforms: linktr.ee/MNPDebtPodcast

Find out how a Consumer Proposal can help you eliminate your debt and gain control over your financial future. #DefeatDebt

We are thrilled to be recognized in the 2020 Canadian Lawyer Readers' Choice Awards five times, including in the category of Trustees in Bankruptcy/Restructuring Services. MNP is proud of the recognition of our dedicated team members, and to support Canadian legal professionals. To learn more, visit:

There’s ample evidence showing post-secondary education can support higher income potential and lifestyle goals that otherwise may not be achievable. As parents, this option may not have been available to us, and consequently want our children to have opportunities we couldn’t enjoy. How can you send kids to school without breaking the bank? Read more: #DefeatDebt