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MNP Debt Blog

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Summer Vacation Not Debtcation

The weather is warmer, people are coming out of hibernation from the long winter and soon our children will be done with school. Once the summer months get into full gear, people naturally turn their attention to getting away to recharge, relax and (deservedly)...

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

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Are you able to apply for student loan funding while in bankruptcy? Are provincial and federal rules different? What about the Banks?

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Student Loan Debt

Finishing school and trying to jump start your career while navigating student loan debt can be overwhelming to say the least.

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Student Life Doesn’t Need to Include Heaps of Student Debt!

Student life doesn’t need to include heaps of student debt. Start budgeting today to set yourself up for a financially secure post-secondary future!

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When a person files a Consumer Proposal or bankruptcy, they are required to provide full financial disclosure to the LIT. In fact, the legal documents which summarize their financial position are signed under oath.

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Teaching children financial responsibility

Teaching children about financial responsibility is important for every parent to do.

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Stuck in a cycle of debt but not sure exactly what your options are or how to decide which is the best route for you?

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The Gap Between Canadians And Insolvency Is Narrow

According to our recent MNP Consumer Debt Sentiment Survey, a whopping 56 per cent of Canadians are within just $200 away of being unable to keep up with their financial obligations at the end of each month.

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With a weakened Canadian dollar and the cost of oil still on a downturn, more and more Canadians are relying on credit to help carry them from one financial obligation to the next - even with insolvencies on the rise.

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