MNP Debt Blog

With increased unemployment spreading throughout the prairies and B.C, many are struggling to keep up with day-to-day expenses and find themselves more reliant on credit than they would like to be.

We'll review the various bankruptcy alternatives that are available in helping you manage your debt. These include a loan consolidation, an informal proposal or a formal consumer proposal.

Need information about claimimg bankruptcy!!!

It’s the middle of winter and the weather has been miserable for what seems like forever. Sandy beaches and warm coastal waters are beckoning. Better yet, there are deals galore available for sunny destinations.

My Husband and I are pretty sure we need to file for a consumer proposal. We have spoken with a Credit Counselling service and with our budget and debt would not be able to afford one of their programs. What is our next step?

I need to know options. I just had to shut my company down and i have debt way over my head. I don't want to lose my car or my house etc........

I was wondering about a couple things regarding a couple different options I have as to either declaring bankruptcy or not having to if there is another option. I would like to come and talk to someone if that could be arrange. Thanks for your time

As unemployment continues to take its toll in Atlantic and Western Canada, the real estate market has taken a hit in many cities as thousands put their homes on the market in hopes of moving on to communities with more opportunity.

Prepare for the New Year by not increasing your debt burden over the holiday season. Gifts, travel, entertainment and boxing week sales are all outside the normal course of your monthly spend.

MNP’s recent Consumer Debt Sentiment Survey has just been released and it’s painting a pretty sobering picture of just how hard Albertans have been hit by the recession.