MNP Debt Blog

The presents have all been opened, the many holiday feasts consumed, the tree has been packed away and you have many magical holiday memories. So, what’s the problem?

For a family struggling financially, this can be a difficult time of year as these expenses accumulate rapidly and the family often feels obliged to incur these expenses as a matter of meeting societal expectation.

While Boxing Day discounts can feel like significant savings in the moment, if you’re relying on credit to pay for your purchases, they may end up being a lot more expensive than even the original retail price in the end.

Declaring bankruptcy is not an easy decision to make. It’s important that each individual seeking out the best debt solution to their unique situation have a full understanding of exactly what the requirements and consequences of filing for bankruptcy...

The term “Blue Monday” was coined by psychologist Cliff Arnall when he calculated the third Monday in January as the most depressing day of the year.

Prepare for the New Year by not increasing your debt burden over the holiday season. Gifts, travel, entertainment and boxing week sales are all outside the normal course of your monthly spend.

Exciting news! MNP’s Insolvency team in Winnipeg has won the Consumer Choice Award in the Bankruptcy category for the Winnipeg region!

As holiday spending quickly adds up – it’s all too easy to reach for credit to cover the increasing costs. But how much does that credit use cost in the New Year.

MNP’s Donna Carson recently spoke with Newstalk 770 about the current debt concerns for many Calgarian consumers.

When people are struggling with debt, often one of their biggest worries is that they will lose their vehicle. For many, their vehicle represents not just a way to get themselves to work or the kids to hockey, but freedom itself. The idea of life without...