MNP Debt Blog

With a continual downturn in the price of oil, a barrage of layoffs and a weakened Canadian dollar, making it from one debt payment to the next has become a significant challenge.

As one of the largest personal and corporate insolvency practices in Canada, MNP Ltd. is excited to announce our expansion into Newfoundland.

Bankruptcy is a process that releases you from most of your indebtedness by handing over some of your property. In other words, bankruptcy lets you erase your debts and put an end to your indebtedness within a few months.

Given today’s economic climate, thousands of families across Canada find themselves in a delicate balancing act between keeping up with financial necessities while trying to pay down ongoing debt.

If you are struggling with unmanageable debt, there are several debt solutions available that provide actual relief and allow you to get back on track to financial freedom instead of holding you back.

A lot of people believe that personal income tax debt will never go away – that if you’re unable to pay, the debt will haunt you to the end of your days. After all, the government always gets paid right?

Given today’s economic climate and the state of the Canadian dollar, it’s no surprise to learn that many millennials (and thousands of other Canadians for that matter) have not put long-term investments or savings at the top of their lists...

A debt survey conducted by MNP found that nearly half of Canadians are within just $200 of not being able to keep up with their monthly financial obligations.

Friday, March 4, 2016 marked the 10th annual Chili Cook-Off fundraiser for Community Care of St. Catharines and Thorold.

While many Canucks often fly south for the winter season, more and more are opting for more creative getaways in hopes of holding on to their dollars - and avoiding hefty credit card bills.