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MNP Debt Blog

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When Should You File A Consumer Proposal

Frustrated and overwhelmed with debt? Given today’s difficult economic climate, you’re not alone. The good news is, bankruptcy is not your only option.

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What Is Debt Consolidation

Feel like you’re stuck in a cycle of debt and can’t get out? If you’ve had enough of juggling with your debt payments, a debt consolidation loan can help to eliminate the uncertainty of being able to pay your bills on time, while establishing...

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When It Comes To Your Financial Future Every Effort Adds Up

It can be extremely daunting and frustrating when you are trying to pay down debt. Especially as you watch your balance decrease when a payment is made, only to see it go up again with interest charges, service fees, loan insurance premiums or even as...

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Deciding who to contact for help with your debt problems should be based on your desired personal experience when working with a debt advisor.

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I have a vehicle that is behind in payments and is my only means of getting to and from work. It is valued now at 7900. will i have to give it back to the bank? I owe close to 19000 on it

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How do I figure out what, if any, amount of "Surplus Income" I have to pay in a bankruptcy?

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When Does Consumer Debt Become A Consumer Crisis?

As unemployment continues to grip many Canadians largely due to struggling crude oil prices, it probably doesn’t come as a surprise to learn many have found themselves relying on credit to make it from one financial obligation to next.

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The Christmas Season is meant to be filled with happiness and joy. However these feelings quickly change as we become caught up in the moment of spreading holiday cheer by means of expensive gifts.

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There are two basic types of consumer debts: unsecured and secured. Below is a brief overview of the main differences between them.

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Unemployment And Insolvency Often Go Hand In Hand

The insolvency statistics for March have just been released and they are consistent with the trends for the previous few months. Generally filings are flat across the country except for those provinces affected by the decline in oil prices. Total filings...

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