MNP Debt Blog

One of the biggest concerns among indebted pensioners is whether creditors have the right to seize or garnish their Canada Pension Benefits (CPP) and Old Age Security Benefits (OAS).

All debt can be overwhelming, but there’s no creditor quite as frightening as the CRA. The bottom line is if you have not filed taxes for several years or your tax debt is severely delinquent, you’re on CRA’s radar.

We may not always agree with our parents, but we are undoubtedly influenced by their habits, attitudes, and points of view. The norms and traditions of our upbringing can have lasting impacts on everything from the kind of laundry detergent we prefer...

Just the mere thought of financial planning is enough to send many people into a tailspin. But it can be a truly empowering exercise. You just have to break it down into small enough steps so it’s not so overwhelming.

As you look ahead to the future and retirement, you probably have many goals and dreams you’re looking forward to. But for many seniors, just when they should be relaxing and enjoying the fruits of their labour, many find themselves struggling financially....

Bad financial habits are easy to fall into and impact wealthy households, low income individuals, the highly educated and uneducated alike. They can cause all sorts of personal and financial difficulties — but it’s often not until they’ve...

Purchasing decisions used to be easy for most households. Until the early 1950s, people mostly bought what they needed and paid for their purchases with cash. Wants were few and luxury items for the most part beyond reach. Fast-forward 70 years and it’s...

Debt during retirement is incredibly stressful, especially if you’re caring for an ailing spouse or dealing with health issues of your own.

A 2004 media report famously declared the third Monday in January is the most depressing day of the year: The technicolour sheen of the holiday season has worn off.

Beginning around the holiday season every year, many people wonder whether they should take the leap and seek professional help with their debt.