MNP Debt Blog

Even though bankruptcy laws are the same across the country, personal exemptions are different from province-to-province.

Canada Mortgage and Housing Corp (CMHC) announced that it is cutting some types of mortgages that they will insure.

As we say goodbye to another tax season, many individuals may be left with a sense of dread.

Dealing with a personal financial crisis is stressful. Adding to the confusion are the numerous debt settlement companies and financial institutions offering different approaches for resolving your debt issues.

Every year, thousands of people are the victim of a fraud. It might be identity theft, payment theft or e-mail fraud.

Certain amendments to legislation in Alberta received Royal Assent and are to be coming in to force effective April 1, 2014. One of these changes will be that RESPs (“registered education savings plans”) will be exempt.

A consolidation of debt is essentially a restructuring of a person’s existing outstanding debt by obtaining a loan from a financial institution or bank and paying off the existing debt and therefore creating for oneself a single payment with most likely...

Many people struggling from debt issues are afraid to answer the phone or open their mail. As debt issues get worse, the contact with creditors can become more frequent and more demanding.

The link between stress and spending has long been established. In times of stress, many people make poor decisions about the use of credit and dealing with their debt issues.

This is a question that as Trustees we get asked a lot. The question you need to ask yourself is – “Did I co-sign or endorse” my partner’s debt?”