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MNP Debt Blog

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What To Know Before Starting a Business 3 Minute Debt Break

Starting a new business is a great adventure. And since you’re running the show, it’s on you to make multiple decisions every day, especially the challenging financial ones. When you’re first starting out, money decisions can have huge...

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Are you ready to retire?

When you are considering your retirement goals, remember that having a plan to deal with your debt is just as important as planning for your retirement income. Planning your retirement income is something we are trained to do from a very early age. Planning...

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Leah Drewcock: Why I am thankful to be a Licensed Insolvency Trustee

I was just a few years out of high school and still lived at home with my parents when I started working as an accounting and finance student at one of the ‘Big Four’ accounting firms.

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Five common causes of Bankruptcy

Like all professions, there are several questions Licensed Insolvency Trustees hear quite regularly. By far the most common is “What is the typical cause of Bankruptcy or insolvency?”

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This is the fifth in a five-part blog series about what Consumer Proposals are, how the process works, and whether they might be the right solution for you to get permanent relief from your unsecured debt.

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Five things to know about the costs of a Consumer Proposal

This is the fourth in a five-part blog series about what Consumer Proposals are, how the process works, and whether they might be the right solution for you to get permanent relief from your unsecured debt.

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What is impulse spending and why is it so hard to avoid?

Everyone, except perhaps the most frugal among us, makes purchases from time to time which they hadn’t anticipated or planned for.

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What COVID-19 can teach us about personal finance

The pandemic has highlighted how quickly and dramatically elements which originated thousands of miles away can disrupt our entire way of life. A microscopic virus, invisible to the human eye, has shuttered borders, transformed the economy, and altered...

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Four things to know about how a Consumer Proposal impacts your credit

This is the third in a five-part blog series about what Consumer Proposals are, how the process works, and whether they might be the right solution for you to get permanent relief from your unsecured debt.

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Five things to know about filing a Consumer Proposal

This is the second in a five-part blog series about what Consumer Proposals are, how the process works, and whether they might be the right solution for you to get permanent relief from your unsecured debt.

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