MNP Debt Blog

Home equity lines of credit (HELOCs) have emerged as one of the biggest contributors to the growth of household debt in Canada, particularly in markets where real estate values have surged over the last decade. The latest data from the Office of Superintendent...

As a Licensed Insolvency Trustee, I meet a lot of people who are struggling with debt. And though their stories are all different, their experiences of searching for help often share a lot in common.

Part of deciding whether a Bankruptcy or Consumer Proposal is right for you is knowing what kinds of debts can be included and will be discharged when the process is successfully completed. While we won't cover every single debt here, the following list...

Part of deciding whether a Bankruptcy or Consumer Proposal is right for you is knowing what kinds of debts can be included and will be discharged when the process is successfully completed.

Are you experiencing serious financial issues but hesitant to meet with a Licensed Insolvency Trustee? Your reluctance is normal and completely understandable — especially if you've turned to the internet for answers about Bankruptcy, only to find...

Underscoring Albertans' financial vulnerabilities when it comes to debt, the latest official figures from the Office of the Superintendent of Bankruptcy (OSB) continue to reinforce the mounting strain on many households in the province. The number of...

This article will look at how often you can declare Bankruptcy, how it will affect your financial situation, and what other options you may have to address your unmanageable debt.

In this installment, we’ll discuss why you should close your account because the bank is aware of your filing, and they continue to take payments from your account.

Financial scams have been around for decades. But they have never been as common, insidious and invasive as they are today.

If you’re overburdened by debt, Bankruptcy can be a practical and cost-effective solution to achieve a financial fresh start. But it will not always free you from repaying a portion of your outstanding debts.