MNP Debt Blog

Voluntary deposit is a judicial process used in Québec to restructure a debt repayment. It is legislated in the Québec Code of Civil Procedure.

With banks offering consumers a record amount of credit in recent years, Canadian households will face tough times ahead if they aren’t able to reduce their debt loads.

After a near decade long streak of low borrowing costs and easy credit from banks, Canadians are carrying record levels of debt.

Increased interest rates are supposed to signal an improving economy.

Debt that you owe and repay to your creditors consists of two parts. The first part is the money you originally borrowed. The other part is the interest (and sometimes fees).

A new survey released by MNP LTD finds that Ontarians are concerned about the uncertainty of a potential housing bubble and impending interest rate hikes, adding financial stress to households already carrying a record level of debt.

A new survey released by MNP LTD finds that Atlantic Canadians are concerned about the uncertainty of a potential housing bubble and impending interest rate hikes, adding financial stress to households already carrying a record level of debt.

YES! Of course you can still buy things after you file for bankruptcy; in fact, one of the most attractive benefits of a bankruptcy is that you are free from all of the unsecured debt payments you were previously making and as a result; you will likely...

A new survey released by MNP LTD finds that Albertans are concerned about the uncertainty of a potential housing bubble and impending interest rate hikes, adding financial stress to households already carrying a record level of debt.