MNP Debt Blog

When a person files a Consumer Proposal or bankruptcy, they are required to provide full financial disclosure to the LIT. In fact, the legal documents which summarize their financial position are signed under oath.

As the nation awaits the Bank of Canada’s next announcement on interest rates, Manitobans’ appetite for cheap credit is being highlighted by a new Ipsos survey conducted on behalf of MNP Debt.

As the nation awaits the Bank of Canada’s next announcement on interest rates, Saskatchewan residents’ appetite for cheap credit is being highlighted by a new Ipsos survey conducted on behalf of MNP Debt.

Nearly half (47 per cent) of all homeowners with a mortgage agree in that they’re concerned about their ability to make their mortgage payments when interest rates rise, according to a survey conducted by MNP Debt.

Bankruptcy is a process that allows a debtor to get a fresh financial start. When you file for bankruptcy, you surrender your assets to your bankruptcy trustee. The trustee then turns those assets into cash, and distributes the money to your creditors....

Sometimes it seems that financial duress can sneak up on you. There are however, certain warning signs that may indicate you are in financial trouble, such as...

Canada day marks a great time for a mid-year check-up into where you are at surrounding your financial goals for the year.

With a weakened Canadian dollar and the cost of oil still on a downturn, more and more Canadians are relying on credit to help carry them from one financial obligation to the next - even with insolvencies on the rise.

When people are struggling with debt, often one of their biggest worries is that they will lose their vehicle. For many, their vehicle represents not just a way to get themselves to work or the kids to hockey, but freedom itself. The idea of life without...

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