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MNP Debt Blog

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The Dark Side Of The Boom

As the Canadian economy continues to slump and unemployment grips thousands of households across the country, many Canadians are struggling to keep up with the costs of day-to-day living, let alone manage debt.

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My question is, I have a son who is 18, he lives at home and is in his last year of high school, he has a part time job and the money that he earns doesn't contribute to our home at all, it's his spending money for clothes and his entertainment. Would...

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The Benefits Of Pooling All Your Debt Into One Pot

As the price of living continues to increase across the country, along with an inflated housing market, many Canadians find themselves relying on credit to carry them through major events, expenses and sometimes even day-to-day costs. While credit can...

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The Bankruptcy Assistance Program (the “BAP”) under the Bankruptcy and Insolvency Act is a very significant program for consumers.

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Ontario Debt Rules

New rules in Ontario to better protect consumers from unscrupulous debt settlement companies come into force this week, but bankruptcy trustees says those in financial trouble seeking help still need to be cautious.

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Theres An App For That

As we begin the month of February and bills from the holiday season have arrived, it's probably difficult to make planning and budgeting for the future a priority.

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Rebuilding Credit During A Consumer Proposal

Congratulations on taking the first step towards addressing your debt head on and working towards a fresh financial start!

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Pay On Time And Cut Debt To Up Credit Score

In today's economic climate, with employment on shaky ground and an ever-increasing cost-of-living, many households have turned to credit in times of need to get them through financial binds.

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Only Making Your Minimum Monthly Payment

Making your minimum payments on time might seem responsible, when in truth it could come with some costly consequences.

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Your financial state is one of the most private and personal aspects of your life, one that is typically only discussed with family members and the closest of friends.

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