MNP Debt Blog

This statement bothers me every time I hear it! To say that a Licensed Insolvency Trustee (LIT) works for one party suggests that he or she works against someone else.

5 helpful tips for managing your holiday spending

At MNP, we hear this a lot: “I have a pension through work (or pension savings) and I know what I will received from Canada Pension Plan (CPP) and Old Age Security (OAS). Am I ready to retire?”

When you are unable to meet your debts under the original terms you agreed to or even if you can repay your debts but not under the terms you originally agreed to, a Consumer Proposal may be a viable option.

I have a partnership company with a debt of 5,000.00 and alot of other debt's. I need to know if i can claim bankruptsy and how.

Many people are under the impression if they pay their bills on time they must have good credit.

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.

According to a recent Ipsos poll conducted by MNP LTD., British Columbians are increasingly worried about their ability to repay their debts.

Debt is often caused by life circumstances such as a job loss or a divorce, or simply by spending beyond your means.

If you were to make a list of things you enjoy doing in your free time, it’s safe to assume budgeting likely wouldn’t rank in your top 10.