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MNP Debt Blog

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Are you living within your means?

It’s easier than ever to spend more than we can afford. We pay for most purchases with a debit or credit card — or, increasingly, with the wave of a smartphone or swipe of a finger.

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The CRA assessed me: what next?

The CRA has called to inform you of a balance you owe. What’s your next line of action?

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How households in Saskatchewan can get ahead of debt

Saskatchewan is seeing a hike in the number of residents filing for insolvency. With the steady rise in inflation figures and aggressive increase in interest rates in the country, Saskatchewan households are feeling the pinch.

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Understanding wage garnishment in Canada

Imagine yourself working hard to pay off a large sum of debt, but due to misfortune, mistakes, or any other circumstance, you’re falling behind. Your family depends on your income, and you are living paycheque to paycheque barely making ends meet....

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Between rising interest rates and accelerating inflation, it’s hard to know what to blame when costs rise, and affordable mortgages are harder to negotiate.

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Thanksgiving is approaching. While some prepare to celebrate, you may be less confident about your ability to afford food and other items your family needs for the festivity.

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What happens if I declare bankruptcy?

Filing for Bankruptcy is very emotional — and can be stressful — but what I can tell you is that a Licensed Insolvency Trustee can help!

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Every young Canadian needs the basic financial management skill to invest in their career, build a nest-egg for retirement and enjoy their lives free of unmanageable debt.

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When a debt is statute-barred, it cannot be brought to court and legally enforced because too much time has passed.

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Life After Debt: Your Questions Answered

Congratulations! Now that your Bankruptcy or Consumer Proposal is completed, you are in the next phase of taking control of your finances. Without debt, you now have the freedom and opportunity to make financial decisions based solely on your goals —...

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