MNP Debt Blog

Given today’s economy and an increased cost of living, many Albertans are feeling the pressure and are ready to ‘round up their debt’.

As an MNP LTD Trustee and a member of our Surrey, B.C Team, Judy Scott recently came across the following two articles in the Vancouver Sun and Huffington Post and felt it would be advantageous to our clients to respond.

The year 2017 was one of many highs and lows, from the surge of bitcoin to iconic retailer Sears shutting its doors. Now it's 2018, a new year, with new resolutions and hopefully, new goals.

A Licensed Insolvency Trustee (“Trustee”) is licensed by the federal government, specifically by the Office of the Superintendent of Bankruptcy, and is the only licensed debt professional in Canada permitted to administer bankruptcies and consumer proposals....

You have probably heard, more than once by now, that not all debt is created equal. Some types of debt can actually be beneficial, where others can put your personal and family well-being at risk.

Over the course of the pandemic, many people lost their jobs and had to rely on unemployment benefits as a sole income, making it even more difficult to manage debt.

Whether you run your business via a corporation, partnership, or sole proprietorship, you cannot know when events in the future will have a significant impact to your business and cash flow.

After completing a Bankruptcy or Consumer Proposal, rebuilding your credit can feel nearly as daunting as getting out of debt. But just a few steps every day will get you where you want to go. The following steps will help you focus on your goals, outline...

It’s always been difficult to plan for future financial challenges. But these days, the unforeseen seems to be a regular occurrence. No one has a crystal ball for global events let alone circumstances that are unpredictable in your personal world....

Earth Day is a time to turn our attention to our personal consumption habits, and the impact we’re having on the environment. But consumption does not just leave an environmental footprint, it also leaves its mark on our finances. The good news...