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MNP Debt Blog

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Life after Bankruptcy

The fresh start you obtain after filing a Consumer Proposal or Bankruptcy offers many new paths for managing your day-to-day needs and planning for your future.

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Who will know about your Bankruptcy?

. It’s important to know that simply seeking out help for your finances won’t compromise your privacy.

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What happens if I owe the CRA a lot of money?

Owing a large amount of money to the CRA can feel overwhelming. There are options available to help you achieve a fresh financial start.

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Will a Consumer Proposal or Bankruptcy impact my tax refund?

Often, people focused on solving debt problems through a Consumer Proposal or Bankruptcy may not recognize the impact these processes can have on their personal income taxes.

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Buy Now, Pay Later: A Double-Edged Sword

It is important to understand the terms and conditions of a buy now, pay later plan before signing up for it.

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What happens to debt in a divorce or separation?

It’s important to understand how the debt will ultimately be split up, and what happens when one spouse can no longer afford to pay their share.

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Bank of Canada's announcement on the prime lending rate: Why you should care

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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If you’re struggling with your finances and heading toward bankruptcy, you may think it makes sense to sell or transfer some of your assets.

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Seasons of Savings – How to avoid overspending this summer

It’s been a long, cold winter, and summer is finally here. It’s a season for seeing friends and family. A chance to travel to new and familiar places.

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