MNP Debt Blog

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.

Your financial state is one of the most private and personal aspects of your life, one that is typically only discussed with family members and the closest of friends.

My husband and I are seperating. We are still under the same roof at this time but will be going our own ways. If we file together and he does not fulfill the requirements for discharge do we both lose discharge. Would it be better to file on our own,...

You’re at a dealership shopping for a used car. You’d hoped to pay cash, however nothing in your price range suits your needs.

If I declare a personal bankruptcy, can I remain as a director or a shareholder of a corporation before being discharged?

Have you ever wondered who can help if you find yourself overwhelmed with debt? There are many organizations who offer services such as debt consolidation, debt settlement plans, interest reduction and debt forgiveness. There are also other methods of...

LETHBRIDGE - While many Canadians may be tempted to borrow more after the Bank of Canada’s recent cut to interest rates, local Personal Bankruptcy Trustees are strongly advising people not to.

Everyone has financial dreams. Whether it’s getting out of debt, building a nest egg for retirement, purchasing a home or going on vacation – visualizing any number of desired results comes naturally.

An exempt asset is defined under the laws of each province. Exempt assets are retained by the owner in the event of a bankruptcy and not accessible by that individual’s creditors.

I and my wife has much loan in the bank and on credit card. It seems we cannot afford to pay the loan at this time. We are thinking to do bankcruptcy so we can stop and pay. Please response and thank you for your info.