Is it Time to Cut Up Your Credit Cards?
Linda Paul-7372; Linda Paul 7372
2019-04-12T16:00:00Z 4/12/2019 4:00:00 PM

For some people, quitting credit cards cold turkey is more than just great alliteration. It’s entirely possible and potentially the best solution to their ongoing debt struggles. They can stop using credit cards without resistance and quickly adapt to living on cash by following a detailed spending and saving plan.

Categories: Lifestyle Debt
Bankruptcy isn’t as Daunting as it Sounds
Bradley Milne-1351; Bradley Milne 1351
2019-03-13T22:00:00Z 3/13/2019 10:00:00 PM

As a Licensed Insolvency Trustee, I meet a lot of people who are struggling with debt. And though their stories are all different, their experiences of searching for help often share a lot in common.

Categories: Lifestyle Debt;Bankruptcy
Four Mental Shifts for Better Money Management
Grant Bazian-3755; Grant Bazian 3755
2019-03-05T23:00:00Z 3/5/2019 11:00:00 PM

As Licensed Insolvency Trustees, we often see the worst-case scenario when it comes to personal finances. Most people are at the end of their rope by the time they reach my office – having struggled with every possible fix for their debt situations and seeing no other alternative than to file for Bankruptcy or a Consumer Proposal.

Categories: Lifestyle Debt;Debt Help
What Interest Rate Increases Can Mean for Homeowners
Augustine Kwok-11179; Augustine Kwok 11179
2019-03-05T16:00:00Z 3/5/2019 4:00:00 PM

After nearly a decade of historic lows, the Bank of Canada began increasing its key overnight interest rate in July 2017 in response to improving employment figures and a growing economy.

Categories: Lifestyle Debt;Debt Help
Why Looking Forward is the Best Approach to Your Finances
2019-02-21T16:00:00Z 2/21/2019 4:00:00 PM

Categories: Debt Help;Lifestyle Debt;Bankruptcy;Consumer Proposal
What Happens to My Debts When I Die?
Wesley Cowan-6498; Wesley Cowan 6498
2019-02-14T17:00:00Z 2/14/2019 5:00:00 PM

As baby boomers continue to age, they face a growing number of questions about how they’re going to manage in the last phase of their lives.

Categories: Bankruptcy;Lifestyle Debt;Debt Help
Gambling Debt? Recovery is Possible
Augustine Kwok-11179; Augustine Kwok 11179
2019-02-13T22:00:00Z 2/13/2019 10:00:00 PM

I recently worked with a retired and widowed client who came to MNP inquiring about possible debt solutions. He owed more than $120,000 on various credit cards and lines of credit which he was frightened he could never pay back in his lifetime.

Categories: Bankruptcy;Alternatives to Bankruptcy;Lifestyle Debt
Debt Pinch Tightens its Grip Across Canada
Grant Bazian-3755; Grant Bazian 3755
2019-02-13T18:00:00Z 2/13/2019 6:00:00 PM

The collective pressures of increased interest rates, an uptick in consumer debt over the holidays, a stagnating economy and persistently high cost of living are making it difficult for Canadians to repay their debts.

Categories: In the Community;Press and Media
Letter to a Licensed Insolvency Trustee
Tanya Reynolds-3436; Tanya Reynolds 3436
2019-02-12T15:00:00Z 2/12/2019 3:00:00 PM

Last year was long and stressful. The only thing I’m looking for in 2019 is relief from the relentless financial burden that’s been plaguing me. You see, I’ve weathered some major financial setbacks and I’m not sure how to dig myself out of this bottomless black hole.

Categories: Debt Help;Lifestyle Debt
It’s the Thought that Counts: Think Affordable this Valentine’s Day
Leah Drewcock-10828; Leah Drewcock 10828
2019-02-11T20:00:00Z 2/11/2019 8:00:00 PM

According to legend, Saint Valentine of Rome restored sight to his jailer’s blind daughter on the evening before his execution. The following morning, he wrote her a farewell letter and signed it ‘Your Valentine’ – kicking off a centuries-long tradition of Valentine’s cards.

Categories: Debt Help;Lifestyle Debt

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