MNP Debt Blog

A Licensed Insolvency Trustee (“Trustee”) is licensed by the federal government, specifically by the Office of the Superintendent of Bankruptcy, and is the only licensed debt professional in Canada permitted to administer bankruptcies and consumer proposals....

Over the course of the pandemic, many people lost their jobs and had to rely on unemployment benefits as a sole income, making it even more difficult to manage debt.

Whether you run your business via a corporation, partnership, or sole proprietorship, you cannot know when events in the future will have a significant impact to your business and cash flow.

It’s always been difficult to plan for future financial challenges. But these days, the unforeseen seems to be a regular occurrence. No one has a crystal ball for global events let alone circumstances that are unpredictable in your personal world....

Earth Day is a time to turn our attention to our personal consumption habits, and the impact we’re having on the environment. But consumption does not just leave an environmental footprint, it also leaves its mark on our finances. The good news...

After completing a Bankruptcy or Consumer Proposal, rebuilding your credit can feel nearly as daunting as getting out of debt. But just a few steps every day will get you where you want to go. The following steps will help you focus on your goals, outline...

The following questions will help you determine whether your loans may be eligible for discharge in an insolvency proceeding. And, if they aren’t, how you can still get the financial relief you deserve.

Just like introducing the alphabet and numbers, it’s important for parents to have clear, accessible conversations around money, and healthy habits around finances.

Let’s say you’re part of a family where both you and your spouse are employed in well paid, professional jobs. Net annual household income is approximately $120,000 or approximately $10,000 per month. The family — you, your spouse, and...