MNP Debt Blog

Whether you undergo a bankruptcy proceeding or a consumer proposal to get a fresh start from excessive debt, one important item to understand is the rules around surplus income.

Nobody enjoys being late on bill payments. But unfortunately, it's not always possible to make ends meet. Anyone who has ever been in a position where they're forced to choose between basic necessities and keeping up with their debts understands just...

Most people wait far too long to seek professional help with their debt. There are several common reasons for the hesitation.

Let’s say you’re part of a family where both you and your spouse are employed in well paid, professional jobs. Net annual household income is approximately $120,000 or approximately $10,000 per month. The family — you, your spouse, and...

Though the deadline for forgiveness repayment has passed, there are still options for businesses owing.

Owing the government money can be very intimidating as it's assumed the government has a limitless ability to collect the debt through any means necessary.

Owing Canada Revenue Agency (CRA) money can be overwhelming — especially because the government has greater powers to collect outstanding debts compared to other creditors.

Thanksgiving is approaching. While some prepare to celebrate, you may be less confident about your ability to afford food and other items your family needs for the festivity.

With the holiday season fast approaching, now is a good time for a finance refresher to avoid over-spending in December.

It is important to understand the terms and conditions of a buy now, pay later plan before signing up for it.