Displaying results for:
Is Bankruptcy the Best Option for You?
16/11/2015
Bradley Milne
Bankruptcy
Only a government licensed Trustee in Bankruptcy can file a bankruptcy on your behalf in Canada. As part of this process, your Trustee will first conduct a comprehensive assessment of your financial situation to determine if a bankruptcy is your best...
Read More arrow_forwardIs A Debt Consolidation Loan The Right Option For Me?
22/06/2015
Debt Solutions
The credit card statements are neatly piled on the top of your desk waiting to be paid. All have different payment dates scattered throughout the month and collectively the payments are somewhat manageable but the interest rates are making it nearly impossible...
Read More arrow_forwardInterest Rates Sending Canadians On Spending Sprees
02/05/2017
Grant Bazian
MNP Consumer Debt Index
With the Bank of Canada holding interest rates steady at 0.5 per cent, Canadians continue to feel confidant in excess spending, relying on credit as the national economy continues to struggle and many households are grappling with depleted income.
Read More arrow_forwardInstalment Loan Debt Delinquency Increase Sharply
31/08/2016
Grant Bazian
Bankruptcy
MNP's TAKE: As the price of oil continues to drag and Canadians from coast to coast face increased unemployment, many are turning to credit or high risk (which also means high interest) loans to carry them through what they hope to be a short-lived financial...
Read More arrow_forwardInsolvency Rates In Alberta Climb As The Economic Downturn Wears On
31/03/2016
Zaki Alam
MNP Consumer Debt Index
With a continual downturn in the price of oil, a barrage of layoffs and a weakened Canadian dollar, making it from one debt payment to the next has become a significant challenge.
Read More arrow_forwardInsolvency Rate Linked To Plunging Oil Prices
21/06/2016
Grant Bazian
Bankruptcy
Consumer Proposal
As unemployment continues to increase across the prairies due to a sharp decline in the price of oil, many have found themselves relying on credit to pay for day-to-day expenses as severance pay begins to dwindle and unemployment insurance runs its course....
Read More arrow_forwardInsolvency On The Rise
22/12/2015
Donna Carson
Lifestyle Debt
With thousands of Albertans laid off due to the downturn in the oil and gas industry, it’s no surprise to learn that Alberta is experiencing an all-time high in delinquent loans.
Read More arrow_forwardInsolvency Merger Will Help More Quebecers Get Back On Solid Financial Ground
26/08/2015
Grant Bazian
Marketplace to benefit with MNP resources and personalized debt solutions
Read More arrow_forwardInsolvency Filings in Saskatchewan Increase To Highest Level in Four Years
05/06/2015
Ian Schofield
212 individuals and businesses filed either bankruptcies or Consumer Proposals in March 2105, which is the highest number reported in four years.
Read More arrow_forwardHow To Survive On A Single Income
28/03/2017
Debt Solutions
Lifestyle Debt
With a wavering Canadian economy and unemployment continuing to roll through several Canadian provinces, thousands of households have found themselves struggling to make it from one financial obligation to the next.
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