MNP Debt Blog

Securing new credit is a polarizing decision for people who have completed a Bankruptcy or Consumer Proposal.

Now that you’ve completed your Bankruptcy or Consumer Proposal, you may be considering getting credit again.

​Relief from debt stress may be the only thing people focus on when they file a Bankruptcy. But for most households dealing with the overwhelm and hopelessness of long-term money problems, that's only the beginning. Bankruptcy has numerous peripheral...

Despite the Bank of Canada stating it will keep interest rates stable until next year, more than half (51%) of Quebec residents say they are more concerned about their ability to repay debts than they used to be.

According to a recent Ipsos survey conducted on behalf of MNP LTD., the majority of Manitobans feel they can cover next year’s living expenses without incurring more, despite concern about mounting consumer debt in Canada.

Underscoring Manitobans' financial vulnerabilities when it comes to consumer debt, the latest official figures from the Office of the Superintendent of Bankruptcy (OSB) continue to reinforce the mounting strain on many households in the province. The...

According to a recent Ipsos poll conducted by MNP LTD., pocketbooks across Manitoba are continuing to get lighter as a result of recent interest rate increases.

A huge portion of residents of Saskatchewan and Manitoba are concerned about their level of debt and their ability to meet their payment obligations.

Canadians are feeling worse about their consumer debt and personal finances than was the case just three months ago.

I doubt that mental health was on the minds of legislators when the Bankruptcy and Insolvency Act (BIA) came into effect in 1950.