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MNP Debt Blog

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Consumer Proposal vs Bankruptcy (MNP 3 Minute Debt Break)

For eliminating debt all-together, two widely used options for Canadian households are Bankruptcy and Consumer Proposals. Although both filings are legislated under the Bankruptcy and Insolvency Act, also known as the BIA, and must be filed by a Licensed...

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When a debt is statute-barred, it cannot be brought to court and legally enforced because too much time has passed.

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Life After Debt: Your Questions Answered

Congratulations! Now that your Bankruptcy or Consumer Proposal is completed, you are in the next phase of taking control of your finances. Without debt, you now have the freedom and opportunity to make financial decisions based solely on your goals —...

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Making time to deal with your debt

In less time than it takes to scroll through one of the streaming services to find your next series or movie to watch, you can focus on your debt and have a plan to keep it under control.

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Is some debt good for my company?

Whether operating a small business, or large enterprise, there is a lot at stake for Canadian entrepreneurs.

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The latest MNP Consumer Debt Index finds that Saskatchewan and Manitoba residents are feeling increasingly confident in their personal finances this quarter as interest rate concerns ease.

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How to budget when you’re living paycheque to paycheque

You already know the many benefits of skilled money management. The fact you’re reading this blog post says at least that much. Your challenge, like for most households, is how to navigate the seemingly infinite demands on your frustratingly finite...

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The latest MNP Consumer Debt Index finds that Manitoba and Saskatchewan residents are feeling increasingly confident in their personal finances this quarter as interest rate concerns ease.

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The latest MNP Consumer Debt Index finds that Atlantic Canadians are feeling increasingly confident in their personal finances this quarter as interest rate concerns ease.

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