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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.​​

MNP Proudly Accepts the 2016 Regina Consumer’s Choice Award

Ian Schofield, Senior Vice President of MNP LTD's Insolvency and Corporate Recovery practice based in Regina recently accepted the 2016 Regina Consumer’s Choice Award on behalf of MNP Ltd. Read more >

Are You Sinking in Debt?

Given today’s weakened economy, an ever increasing cost of living and a struggling Canadian dollar, it’s no surprise to learn that many Canadians have come to depend on credit to get them through financially tough times. Read more >

Manitobans Feel the Pinch – but It’s Still Just a Pinch

As the price of crude oil continues to depress, unemployment rates and overall financial security has followed suit throughout the prairies. Read more >

Consumer insolvencies 'staggering compared to past years'

MNP LTD Trustee Zaki Alam was interviewed by the numerous media outlets to discuss insolvency increase in Edmonton. The original article was originally posted online on numerous media outlets between June 27 - June 29, 2016.  Read more >

Consumer Debt Weighs on Prince George

The recent Business Outlook Survey conducted by the Bank of Canada confirmed what many Canadians already know – our economy is still struggling, unemployment is increasing, businesses are struggling and the cost of living is not making financial health easy for anyone. Read more >

More Manitobans Failing to Make Debt Payments

MNP LTD Trustee Gord Neudorf was interviewed byWinnipeg Metro to discuss insolvency filings in Manitoba and how they compare to those of Saskatchewan and Alberta. Read more >

Summer Job - Spare Yourself the Debt, Get a Summer Job

Looking to build a financial buffer? Summer is the perfect season to pick up a second job and save up a contingency nest egg! Read more >

Debt Weighs Heavily on the Minds of Students

As the cost of living and tuition continues to increase year after year, thousands of Canadian students find themselves taking on significant debt loads to cover the cost of post-secondary studies. In order to truly focus on succeeding in the academic world, many rely on credit to cover day-to-day expenses or to create a financial buffer for the costs part-time work simply cannot cover. Pair under-employment with credit reliance and a hefty student loan and you've got yourself a perfect storm. Read more >

How is the Canadian Dollar Affecting Your Finances?

Is the drop in the Canadian dollar affecting your financial health? Good news! You can still live well by spending smart! Read more >

Round Up Your Debt, Eh?!

Given today’s economy and an increased cost of living, many Albertans are feeling the pressure and are ready to ‘round up their debt’. Read more >
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