MNP Debt Blog

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Should I check my credit score before speaking to a professional?

Should I use a line of credit to pay off my debts?

That’s a good question, and one that might produce some surprising answers. There’s no one size fits all solution to debt.

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Ive Decided To Get Credit Again How Do I Manage It

This is the second in a two-part series about responsible credit management after an insolvency.

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Securing new credit is a polarizing decision for people who have completed a Bankruptcy or Consumer Proposal.

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Life After Debt Should I Get Credit Again

Now that you’ve completed your Bankruptcy or Consumer Proposal, you may be considering getting credit again.

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My Debts Are Gone – Now What?

Congratulations, you have successfully finished your Bankruptcy or Consumer Proposal! You took control of your financial life and solved your debt issues. Now what?

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Your Credit Report And Credit Scores

Your credit record contains information reported by various lenders — including credit card issuers, banks and mobile phone companies — detailing when you opened your account, how much you owe, your payment history, if and how frequently you...

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Paying Off Debts With Creditors

Nobody applies for a credit card, loan, mortgage or car payment with the intention of not repaying those debts.

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What Happens At The Second Counselling Session?

Remember Simon and Molly? Last month they completed their first bankruptcy counselling session.

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What Happens At The First Counselling Session?

When an individual or couple files a consumer proposal or an assignment in bankruptcy, the Bankruptcy and Insolvency Act requires the completion of two financial counselling sessions with a Registered Insolvency Counsellor.

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