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MNP Debt Blog

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A hot topic in economic news these days is the question of when the Bank of Canada will announce whether they are going to change the prime lending rate. For consumers, the more important question is: how will this announcement affect you?

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How starting to save early can help relieve financial stress during the holiday season

Starting to save early can help ensure you stay within your budget and reduce financial stress in the New Year.

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The Difference between Bankruptcy and Insolvency (3 Minute Debt Break)

Can your debt survive a Bankruptcy?

Filing for Bankruptcy is an option for those who are overwhelmed by debt. Bankruptcy provides you with protection from creditor actions and relief from most types of unsecured debts. But it’s not always that simple.

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Why checking your credit score matters

How well do you understand your finances? In commemoration of National Financial Awareness Day, we encourage you to understand your credit history and constantly monitor your credit score.

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Can I file a second Consumer Proposal?

A Consumer Proposal is one of the many options available to consumers who are looking for a manageable way to eliminate debt while avoiding Bankruptcy. But you’re wondering if you can file another Proposal if you’ve gone this route once or...

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What are the alternatives to Bankruptcy, and which is best for me?

If you are experiencing overwhelming debt loads, severely reduced income, unexpected job loss, or depleted savings, you may be wondering if Bankruptcy is right for you.

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A guide to life after Consumer Proposal

You’ve made your last payment but now what? How to establish and keep good financial habits following a Consumer Proposal.

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How long does the Bankruptcy process last?

You might be looking for a solution to your financial stress, and you could have heard that Bankruptcy will help you achieve a fresh financial start — but you may have questions about the process. One of the most common among these is how long a...

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