MNP Debt Blog

Underscoring Albertans' financial vulnerabilities when it comes to debt, the latest official figures from the Office of the Superintendent of Bankruptcy (OSB) continue to reinforce the mounting strain on many households in the province. The number of...

Home equity lines of credit (HELOCs) have emerged as one of the biggest contributors to the growth of household debt in Canada, particularly in markets where real estate values have surged over the last decade. The latest data from the Office of Superintendent...

Underscoring financial vulnerabilities in New Brunswick when it comes to consumer debt, the latest official figures from the Office of the Superintendent of Bankruptcy (OSB) continue to reinforce the mounting strain on many households in the province....

When it comes consumer debt trouble, the latest official figures from the Office of the Superintendent of Bankruptcy (OSB) show that Saskatchewan may be the only Canadian province experiencing an improvement. The number of Saskatchewan residents who filed...

Part of deciding whether a Bankruptcy or Consumer Proposal is right for you is knowing what kinds of debts can be included and will be discharged when the process is successfully completed.

Are you experiencing serious financial issues but hesitant to meet with a Licensed Insolvency Trustee? Your reluctance is normal and completely understandable — especially if you've turned to the internet for answers about Bankruptcy, only to find...

Part of deciding whether a Bankruptcy or Consumer Proposal is right for you is knowing what kinds of debts can be included and will be discharged when the process is successfully completed. While we won't cover every single debt here, the following list...

​Relief from debt stress may be the only thing people focus on when they file a Bankruptcy. But for most households dealing with the overwhelm and hopelessness of long-term money problems, that's only the beginning. Bankruptcy has numerous peripheral...

On October 29, 2018, Bill C-86, Budget Implementation Act, 2018, No. 2 was tabled, which includes some important amendments to the Wage Earner Protection Program Act (WEPPA).

The approach taken by the Canada Revenue Agency (CRA) regarding the collection of personal income tax debt is straightforward.