MNP Debt Blog

If you're struggling under the burden of financial difficulties and find it difficult to manage the cost of day-to-day expenses let alone keep on top of your debt obligations, the one thing for sure is that you are not alone.

The provincial average of total debt in the province of Ontario has nearly tripled. Many consumers are taking advantage of incredibly low interest rates, which can be a dangerous game to play in the event of major life changes such as job losses or illness....

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.

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.

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

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.

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...

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.

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

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.