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MNP Debt Blog

The blog is a way for you to reach out to MNP Trustees in your area and ask an anonymous question about debt, bankruptcy or any financial issues you want to know more about. You will also find articles on debt management, bankruptcy issues and how changes to the Act might affect you.​​

When Should You File a Consumer Proposal?

Frustrated and overwhelmed with debt? Given today’s difficult economic climate, you’re not alone. The good news is, bankruptcy is not your only option. Read more >

What Happens if My Credit Cards are Frozen?

Credit cards have seemingly become a staple to today’s consumer. Many credit card companies offer points or rewards systems as an incentive to sign up. Major credit cards are accepted by nearly every retail outlet, restaurant, service provider and online product or services provider.  Read more >

Feeding Your Family on a Budget

According to Statistics Canada, the annual inflation rate in Canada jumped 1.6% in December. Much of this increase can be attributed to the rising costs of groceries.  Read more >

Tough Times Mean Tough Decisions and a Stronger Future

Given today’s economic climate, the challenges oilfield services companies are experiencing as they to stay afloat is certainly not surprising news. Read more >

Pay Your Holiday Bills Contest, Niagara Region

January is the month where consumers cry the blues about the money they spent over the holidays. To help alleviate this added stress the local MNP offices serving the Niagara Region have been giving back to the community. Read more >

How do I Declare Bankruptcy When I'm a Snowbird

Trying to maneuver through unmanageable debt can be exhausting and overwhelming. Even more so if you are trying to navigate your finances from a secondary location. Read more >

There's An App For That

As we begin the month of February and bills from the holiday season have arrived, it's probably difficult to make planning and budgeting for the future a priority. Read more >

Don Cayo: Government May Finally Be At Least a Little Bit Serious About Protecting High-Risk Borrowers

While it’s perfectly natural to want to go ‘all out’ during the holiday season, it’s important to recognize the true cost of splurge spending. Read more >

Holiday Bills

It’s that time of year. The bills from the holiday season are starting to roll in and given the tough economic climate and significant job losses, many Canadians are going to find they are in debt beyond their means. Read more >

Financial Holiday Hangover

‘Tis the season to be…managing all that debt you accumulated as you got swept up in the holiday season? Read more >
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MNP Debt Blog