MNP Debt Blog

Bankruptcy isn’t free, but it may be the life changing debt solution you’re looking for.

Budgeting and saving money are no longer necessary steps for making a big purchase.

Owing, in large part, to nearly seven years of ultra-low interest rates, low-barrier borrowing and the relative affordability of credit, Canadians are further in debt than ever before.

When you file for bankruptcy, it is helpful to first understand what the potential related costs of the process are and how they are determined.

The number of Canadians aged 65 and older is increasing rapidly. By 2030, they will make up more than one quarter of the country’s population.

Financial stress has been linked to relationship troubles, depression, high blood pressure and even a decreased immune response.

With the Bank of Canada raising interest rates on September 6, debt holders across the country are left wondering what it means for them.

Canadians considering taking on more debt over the near or long term may want to think twice.

Managing a spiraling debt load is stressful enough without a constant barrage of phone calls reminding you that you’re behind on your payments.