MNP Debt

Struggling with debt? Bankruptcy isn’t about losing everything, it’s about a fresh start. Here’s who qualifies in Canada.

Who can file for bankruptcy in Canada? Get a free confidential consultation today. Fill out the form below and an MNP Debt Advisor will contact you within 1 business day.

39% of British Colombians worry rising interest rates could move them toward bankruptcy, according to the latest MNP Consumer Debt Index.

MNP Consumer Debt Index: British Columbians navigating financial whiplash as economic conditions continue to shift Many British Columbians continue to navigate the effects of ongoing economic uncertainty as conditions continue to shift, reshaping household behaviours.

Financial uncertainty is reshaping how Canadians plan, spend, and cope. 💸
Swipe through to see what’s driving financial stress and why it matters.

The latest MNP Consumer Debt Index has remained stable at 88 points this quarter. However, nearly two-thirds of Canadians say they desperately need interest rates to go down.

MNP Consumer Debt Index holds steady following two interest rate pauses as Canadians brace for ongoing economic uncertainty Younger adults and lower-income households are most likely to report stress, stalled life plans, and living paycheque to paycheque.

Overwhelmed by debt and unsure what your options are?
Bankruptcy is a legal solution designed to give Canadians relief and a chance to rebuild. Here’s who qualifies and what to know before taking the next step.

Who can file for bankruptcy in Canada? Get a free confidential consultation today. Fill out the form below and an MNP Debt Advisor will contact you within 1 business day.

Debt Literacy Month is the perfect time to understand your financial options. Try the MNP Debt Calculator today 📲

47% of Canadians regret their debt, but it doesn’t have to stay that way.
Learn how debt literacy can change your financial future, during MNP's Debt Literacy Month.
➡️ Visit our Debt Literacy Month page

MNP Debt Literacy Month MNP Debt Literacy Month is an annual initiative focused on helping Canadians better understand their personal finances, identify common debt blind spots, and build the knowledge needed to navigate borrowing costs with confidence.

It’s Debt Literacy Month, the perfect time to check in on your financial health.
Get a clearer picture of your debt level with our free online Debt Scale.
👉 Start your assessment today:

MNP Debt Scale Get a free checkup for your debt health. Take this quick 14 question survey for you to learn more about your debt health. Based on your answers, we will provide steps you can take to either help you achieve or continue living your debt-free future.

Regret, worry, and financial knowledge gaps are all increasing. MNP's Debt Literacy Month 2026 highlights the hidden blind spots that can end up costing Canadians.

Nearly half of British Columbians are worried about their debt (48%) and regret how much they owe (49%), while confidence about being debt‑free in retirement has dropped to 51% according to MNP's Debt Literacy Month press release.

Debt Literacy Month: Nearly half of British Columbians regret their debt as persistent debt blind spots leave many financially vulnerable Get a free confidential consultation today. Fill out the form below and an MNP Debt Advisor will contact you within 1 business day.