MNP Debt Blog

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

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

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.

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.

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...

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

ARE PERSONEL AND CORPORATION BANKRUPTCIES DIFFERENT?

With over 17 years of experience, I joined a national firm to ensure that I am aware of all the new developments.

While Black Friday and Cyber Monday used to be predominantly American shopping events, Canadian consumers and retailers have gotten right on board in recent years.

Finally we’re through the holiday season! But now it’s time for the bills to start rolling in. How nervous are you?