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MNP Debt Blog

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I am over 50,000.00 in credit card debt. Would I be better off to claim bankruptcy than to try to bring down my interest rates?

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Are RRSPs Affected By Bankruptcy

An RRSP is an asset of a bankruptcy estate, however subject to exemptions provided by both provincial and federal legislation. It is the exemptions afforded a bankrupt that permits an individual to retain certain assets, while permitting them to access...

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As 2018 draws near, now is a fantastic time to reflect on the year passed and the goals you would like to accomplish for the year to come.

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5 New Years Resolutions To Eliminate Debt

Aside from getting in shape, finally getting on top of debt is among the top New Year's resolutions made every year.

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4 Ways To Consolidate Your Debt

When you have numerous debts, debt consolidation should be one of the first options you consider to regain control of your finances. Before you start the process, check your credit score.

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4 Ways To Eliminate Credit Card Debt

Many people experience the frustration that comes with trying to pay down – or ideally, off – their credit card bills each month. It can be difficult to see the majority of your monthly payment going towards high interest charges.

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Before going through a bankruptcy, one of the questions I’m often asked is: “What happens afterward?” Most people are wondering how their credit will be impacted and what they can do to help improve their rating again...

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This statement bothers me every time I hear it! To say that a Trustee works for one party suggests that he or she works against someone else.

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This statement bothers me every time I hear it! To say that a Licensed Insolvency Trustee (LIT) works for one party suggests that he or she works against someone else.

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5 Ways To Curb Holiday Spending Without Being A Scrooge

5 helpful tips for managing your holiday spending

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