MNP Debt Blog

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

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

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.

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

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.

Happy New Year and we hope you are having a healthy and prosperous start to the Year of the Tiger!

The COVID-19 pandemic has introduced a seemingly endless list of one in a generation and once in a lifetime challenges. First came the worst virus in more than a century, followed quickly by mass layoffs and business closures. Now we’re facing a...

You and your life partner do exactly that — you share a life together; but do you also share the burden of all of your debt too?