MNP Debt Blog

so if i own two vehicles before i claim for bankruptcy and one cost under 3000 to buy and the other one deos not work(broke down) i will still keep both or no just one of them?

The results are in from MNP’s recent Debt Sentiment Survey. In short? Canadians are unsure about their financial futures and rising debt loads.

If we told you that many Canadians are struggling with overwhelming debt, would you be surprised?

Huffington Post Canada recently covered MNP’s Debt Sentiment Survey. The numbers are in and they’re not looking good.

There’s no denying it, many Canadians are currently experiencing financial distress. According to Statistics Canada, the household debt in Canada is at the highest level even when measured as a portion of disposable income in 2015’s second quarter.

The numbers are in and they’re telling a story that feels a little too close to home for Canadians. Given today’s struggling economy and unemployment hitting tens of thousands of households across the country, many consumers have found themselves...

The recent Business Outlook Survey conducted by the Bank of Canada confirmed what many Canadians already know – our economy is still struggling, unemployment is increasing, businesses are struggling and the cost of living is not making financial health...

Losing a loved one can be one of the most emotional time and stressful experience. Trying to come to terms and navigate through financial concerns can be overwhelming.

As interest rates continue to sit at rock bottom, many Canadians are left feeling (far) richer than they actually are, dipping deeper and deeper into credit reliance to accommodate spending habits.

Hi, I was wondering if RDSP, RRSP and TFSA's are exempt from bankruptcy. Thank you,