MNP Debt Blog

Does this sound all too familiar? You started out with the usual plan for most Canadians — get a job, buy a home and save for retirement. As retirement approached, you expected your mortgage would be paid off and you would have a pension or nest egg....

If you’re struggling with debt, you may have missed payments, debts may have gone to a collections agency and your stress levels are through the roof. Maybe you’re concerned about your credit rating and what to do next.

Starting a new business is a great adventure. The anticipation for what’s to come motivates you to get up and take on the next challenge each morning.

People often worry meeting with a Licensed Insolvency Trustee means they’ll be forced into Bankruptcy or a Consumer Proposal and not offered any other options.

At MNP, we’re seeing a growing number of people working well-past retirement age simply to afford their monthly debt obligations.

If you are an entrepreneur, sub-contractor or small business owner, tax season is likely one of your most challenging times of year.

Summer conjures thoughts of lazy days at the lake, sunny afternoons in the garden, family barbeques and road trips you wish would never end.

As a Licensed Insolvency Trustee, I meet a lot of people who are struggling with debt. And though their stories are all different, their experiences of searching for help often share a lot in common.

As Licensed Insolvency Trustees, we often see the worst-case scenario when it comes to personal finances. Most people are at the end of their rope by the time they reach my office – having struggled with every possible fix for their debt situations and...

After nearly a decade of historic lows, the Bank of Canada began increasing its key overnight interest rate in July 2017 in response to improving employment figures and a growing economy.