graphic of different office workers doing various jobs

MNP Debt Blog

Displaying results for:

What is secured vs unsecured debt

Understanding which debt is secured and which is unsecured is important as they affect you differently, particularly if you default in your payments.

Read More

How do I know when to ask for help with my debt?

Most people wait far too long to seek professional help with their debt. There are several common reasons for the hesitation.

Read More

Living on a Single Income (3 Minute Debt Break)

With a wavering Canadian economy and unemployment continuing to roll through several Canadian provinces, thousands of households have found themselves struggling to make it from one financial obligation to the next. This is especially true for single...

Read More

The truth about tax debt

Owing Canada Revenue Agency (CRA) money can be overwhelming — especially because the government has greater powers to collect outstanding debts compared to other creditors.

Read More

Loved ones and debt: how to broach the subject

According to separate surveys conducted in Canada and the United States, discussing the topic of personal debt was ranked by some participants as a bigger taboo than topics like politics, religion, and marital problems.

Read More

Breaking the bankruptcy and insolvency stigma

Breaking stigmas means ridding ourselves of our assumptions, generalizations, and broad-brush statements that are harmful to individuals and groups.

Read More

How to budget when you’re living paycheque to paycheque

You already know the many benefits of skilled money management. The fact you’re reading this blog post says at least that much. Your challenge, like for most households, is how to navigate the seemingly infinite demands on your frustratingly finite...

Read More

Budget friendly ideas for a fun and memorable Family Day

Family Day is a nice break from other annual holidays that come pre-packaged with set traditions, expectations, and the ever-present commercialization that drives many of us to overspend. You have a blank slate to create your own schedule, activities,...

Read More

My spouse wants to declare bankruptcy and I don't, what are our options?

Debt problems can strain relationships and cause stress for the entire family. If your spouse has met with a Licensed Insolvency Trustee and is (or is considering) filing a Bankruptcy, the impact on you will depend on the extent of your joint debt.

Read More
Consultation icon