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MNP Debt Blog

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A Lesson In Extreme Cost Cutting

When it comes to post-secondary studies, one of the most valuable lessons you can learn is how to create a comprehensive budget that keeps your debt to a minimum.

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MNP LTD Trustee Randy Kobbert was interviewed by The Lethbridge Herald to discuss that Lethbridge isn’t feeling significant impacts from continuing low prices for Alberta crude.

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I had claimed bankruptcy years ago and was dischaged in October 2004. I just rescently heard that the length of time for bankruptcy to stay on your credit report has been recently reduced from seven years down to six. Is this true? Thanks, Steve.

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My husband and I are looking at probably having to file a joint bankruptcy. We take home $7004 and I am wondering what surplus income we would have to pay.

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We currently are 1/3 owners of a private corporation We have a shareholder loan to the company. If the company declares bankruptcy, will creditors get paid before we get our loan back? In what order to people get paid?

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This year, you are going to make financial health a priority. You are going to gain control of your finances, dig yourself out of debt and eliminate stress from your life.

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A bankruptcy will eliminate most debt. However there are certain debts that survive the discharge of a bankruptcy. Here's what you need to know.

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It's important to understand what to do with your credit cards when filing for bankruptcy.

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Hi, I have a house that is mortaged to its value, a line of credit of #30,000, about $20,000 in credit card debt. My sources of income are a city pension and CPP disability. First question, if I go under, can they garnishee my pension or is that untouchable? Thanks...

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It’s the headline that grabs the attention of many people. But if something sounds too good to be true it probably is.

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