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MNP Debt Blog

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Seniors and Debt

Just when seniors should be relaxing and enjoying the fruits of their labour, many find themselves struggling financially — an unsettling contrast to the ease they’d hoped to live their golden years.

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What are my debt consolidation options?

Consolidation is one of the options you may choose to investigate if your debt payments have become overwhelming.

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Is filing for personal Bankruptcy your best option?

If you’re struggling to maintain minimum monthly debt payments or don’t see yourself ever getting out of debt on your own, you may consider filing a Bankruptcy.

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Financial Scams

Financial scams have been around for decades. But they have never been as common, insidious and invasive as they are today.

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How surplus income payments can affect your Bankruptcy

If you’re overburdened by debt, Bankruptcy can be a practical and cost-effective solution to achieve a financial fresh start. But it will not always free you from repaying a portion of your outstanding debts.

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How a Bankruptcy or Consumer Proposal affects your credit rating

When evaluating your options for how best to deal with unmanageable debt, a Bankruptcy or Consumer Proposal are always worth considering.

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Financial Scams (MNP 3 Minute Debt Break)

Financial scams have been around for decades. But they have never been as common and invasive as they are today. The internet, online banking and countless other technologies have enabled fraudsters to invade people’s lives and trick them into handing...

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COVID (MNP 3 Minute Debt Break)

The COVID-19 pandemic has shut down businesses, shaken the global economy and caused large job losses across the country. Thousands of Canadians are taking advantage of federal support measures and many are considering additional ideas to slow all the...

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Debt Consolidation Options (MNP 3 Minute Debt Break)

If your debt payments have become overwhelming, Consolidation can be the answer. There are numerous ways to consolidate your debt, but generally it involves lumping most or all your balances together into a single affordable payment. Here are just a few...

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New to Bankruptcy? Here’s a step-by-step guide of what to expect

You likely know what Bankruptcy is and what it can do for people suffering with unmanageable debt. But you may not understand how it works or what’s required of you. Maybe you feel intimidated by the legal jargon, concerns about losing everything...

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