MNP Debt Blog

Read the answers to the top 5 most asked questions about bankruptcy.

Planning for the holiday season should start as early as possible so you can avoid unplanned spending and the unwanted stress that comes with post-holiday debt.

As fall breezes in, our thoughts start to focus on upcoming winter events and plans.

Making a major purchase can be exciting or necessary, but it is also an expenditure that can get you in financial trouble, particularly if you don’t properly plan for the purchase.

In honour of Halloween this week, MNP Ltd. presents the following somewhat scary facts about Canadian debt.

Getting into debt can happen to anyone, causing mental stress and uncertainty. To learn how to better manage your money, you must also have an understanding of your relationship with money.

While it can be tempting to solve a short-term cash problem with long-term savings, cashing in your RRSPs to pay down debt should be a last resort.

If you are retired and have a large debt load, you may be considering filing for bankruptcy . You may also be wondering, however, what will happen to your retirement income and investments if you declare bankruptcy.

Consumers have often expressed their concerns to me about harassing calls from debt collectors and how to deal with collection agents. Some even complain that even though they have made an assignment in bankruptcy (i.e. filed for bankruptcy) or made a...

A Consumer Proposal is a formal, legally binding process to deal with debt. Although it is not a bankruptcy, it falls under the Bankruptcy and Insolvency Act.