MNP Debt Blog

Bankruptcy can provide relief for most types of consumer debt, save for a few noteworthy exceptions. Therefore, you can — in most cases — include a debt owing to the Insurance Corporation of British Columbia (ICBC) in a bankruptcy. However,...

Your financial fresh start has opened a whole new work of possibilities for you, including the opportunity to become a homeowner.

We’re asked this question often, largely because of the initial similarities many people see between these two debt solutions.

You’re saving, you’re budgeting for all the costs involved — and you’re nearly ready to put an offer in. But have you factored mortgage default insurance into your calculations?

Personal finance can seem like an endless stream of jargon, best practices, and often contradictory advice about what you should do with your hard-earned income.

This is another edition of the MNP 3 Minute Debt Break podcast. In this installment, we discuss the differences between Consumer Proposals and Bankruptcies.

You likely know what Bankruptcy is and what it can do for people suffering with unmanageable debt. But you may not understand how it works or what’s required of you. Maybe you feel intimidated by the legal jargon, concerns about losing everything...

If your debt payments have become overwhelming, Consolidation can be the answer. There are numerous ways to consolidate your debt, but generally it involves lumping most or all your balances together into a single affordable payment. Here are just a few...

The COVID-19 pandemic has shut down businesses, shaken the global economy and caused large job losses across the country. Thousands of Canadians are taking advantage of federal support measures and many are considering additional ideas to slow all the...

Financial scams have been around for decades. But they have never been as common and invasive as they are today. The internet, online banking and countless other technologies have enabled fraudsters to invade people’s lives and trick them into handing...