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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.​​

Filing for Bankruptcy – What Steps do You Need to Take?

We live in a society that provides for easy availability of credit. Needless to say, many people for one reason or another, find themselves buried under a mountain of debt that seems insurmountable. Read more >

Millennials: the Debt Generation

MNP LTD Licenced Insolvency Trustee David Gowling was recently interviewed by Toronto Metro to discuss increase in insolvencies in millennials. Read more >

What To Do When You Are An Unhappy Creditor In A Bankruptcy

What steps can creditors take when they are unhappy during a bankruptcy filing? We’re glad you asked! While the situation can be quite complex and require legal counsel, let’s discuss the basics.  Read more >

The Price of Oil and It’s Cost to Albertans

MNP Ltd’s Licenced Insolvency Trustee Donna Carson was interviewed by the Red Deer Advocate to discuss the increase in insolvencies. Read more >

Student Loans Debt

Student loan debt keeping you up at night? With tuition prices constantly on the rise, it’s no surprise. Let’s discuss your options.  Read more >

What Goes up Must Come Down – Why Vancouverites Should Take a Lesson from Our Calgary Neighbours

Life in Vancouver has felt rich in recent years. But if we can learn anything from Calgary, it’s to be prepared for whatever financial challenges may lie ahead. Read more >

Alberta – What Can I Keep In A Bankruptcy?

Struggling to stay afloat and considering bankruptcy? If you live in Alberta, suffice to say you’re not alone. Let’s discuss what a bankruptcy looks like for individuals within the province.  Read more >

How Financially Liable Are You

In an interview with Ottawa-based media project Techopia, MNP LTD Licenced Insolvency Trustee John Haralovich discusses the often overlooked impacts of financial challenges facing growing startup companies and what directors should do to mitigate personal liability. Read more >

Payday Loan Borrowers In Line For a Share of $10M Settlement

As households across the country grapple with the realities of a struggling economy, weakened loonie and in some parts of the country, a significant increase in unemployment, it's no surprise to learn many have turned to companies offering on the spot credit. Read more >

Insolvency on the Rise in the Land of the Living Skies

As the price of crude oil continues to drag and unemployment impacts hundreds of households throughout Western Canada, many in Saskatchewan are starting to buckle under the weight of financial insecurity and an ever increasing cost of living. Read more >
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