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MNP Debt Blog

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Lending money to family or friends can be complicated. While it’s natural to want to do what you can to offer support when it’s needed, there’s always that question of what happens if the debt is not repaid.

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Saskatchewan Bankruptcy

There’s no denying the facts. Given the significant effect the downturn in the oil & gas industry has had across Alberta and Saskatchewan, many businesses are struggling to stay afloat.

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Nearly half of Canadians are just $200 away from financial crisis; 28 per cent plan to take on more debt to cover regular household expenses in 2016.

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What Are Exempt Assets In Bc

Filing for bankruptcy can be daunting. Many people fear they will lose absolutely everything. The good news is, that’s not the case. When you file for bankruptcy, some of your assets are protected from being seized by the creditors.

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How Does Debt Consolidation Work

In today’s economic climate, it’s not surprising to learn that Canadians are carrying consumer debt at an all-time high. If you find yourself struggling to make it from one debt payment to the next, staying out of the red can start to feel...

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When Should You File A Consumer Proposal

Frustrated and overwhelmed with debt? Given today’s difficult economic climate, you’re not alone. The good news is, bankruptcy is not your only option.

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What Happens If My Credit Cards Are Frozen

Credit cards have seemingly become a staple to today’s consumer. Many credit card companies offer points or rewards systems as an incentive to sign up. Major credit cards are accepted by nearly every retail outlet, restaurant, service provider and...

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Feeding Your Family On A Budget

According to Statistics Canada, the annual inflation rate in Canada jumped 1.6% in December. Much of this increase can be attributed to the rising costs of groceries.

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5 Tips For Better Finance Management In 2016

Considering today's economic climate, it would not be surprising to hear that many have replaced financial planning with financial survival.

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January is the month where consumers cry the blues about the money they spent over the holidays. To help alleviate this added stress the local MNP offices serving the Niagara Region have been giving back to the community.

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