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MNP Debt Blog

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Considering a Consumer Proposal Last? Here Are 8 Key Questions to Ask

The rising cost of living and current escalating interest rates have led to Canadians owing a record amount of debt.

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Since it’s impossible to predict or prevent most medical conditions or emergencies, the best way to handle them is by planning and preparing for them.

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How to budget for inflation

The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.

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Understanding gambling addictions and how to overcome them

Participation in gambling activities is widespread among Canadians.

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Can your debt survive a Bankruptcy?

Filing for Bankruptcy is an option for those who are overwhelmed by debt. Bankruptcy provides you with protection from creditor actions and relief from most types of unsecured debts. But it’s not always that simple.

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Let’s take a look at how interest rate hikes will affect borrowers, lenders, and investors — and how you can manage the impact of increased interest rates on your budget.

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Why checking your credit score matters

How well do you understand your finances? In commemoration of National Financial Awareness Day, we encourage you to understand your credit history and constantly monitor your credit score.

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Can I file a second Consumer Proposal?

A Consumer Proposal is one of the many options available to consumers who are looking for a manageable way to eliminate debt while avoiding Bankruptcy. But you’re wondering if you can file another Proposal if you’ve gone this route once or...

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