""

MNP Debt Blog

Displaying results for:

Ontarians face difficulties seeking assistance with debt

Half of Ontarians have difficulties trusting companies that assist with managing debt or are embarrassed to seek financial advice.

Read More

Quebecers face difficulties seeking assistance with debt

Four in 10 Quebecers have difficulties trusting companies that assist with managing debt or are embarrassed to seek financial advice.

Read More

Looking for the right Licensed Insolvency Trustee? Here’s why being local matters

Until March 2020, there was no such thing as a virtual insolvency proceeding, unless you lived in a remote area. If you wanted to file a Bankruptcy or Consumer Proposal, you had to meet with a Licensed Insolvency Trustee in person.

Read More

How you can tell if you’re dealing with a REAL Trustee

A Licensed Insolvency Trustee (“Trustee”) is licensed by the federal government, specifically by the Office of the Superintendent of Bankruptcy, and is the only licensed debt professional in Canada permitted to administer bankruptcies and consumer proposals....

Read More

Best of Season 2 - MNP 3 Minute Debt Break

The second season of the MNP 3 Minute Debt Break podcast has come and gone, and now it's time look back at a few of our favourite episodes.

Read More

What are good reasons to borrow money?

You have probably heard, more than once by now, that not all debt is created equal. Some types of debt can actually be beneficial, where others can put your personal and family well-being at risk.

Read More

Can I file for bankruptcy if I am unemployed?

Over the course of the pandemic, many people lost their jobs and had to rely on unemployment benefits as a sole income, making it even more difficult to manage debt.

Read More

How do I future-proof my small business in case of disaster or emergency?

Whether you run your business via a corporation, partnership, or sole proprietorship, you cannot know when events in the future will have a significant impact to your business and cash flow.

Read More

The enduring financial impacts of COVID-19 coupled with the pressures of rising interest rates and a higher cost of living are weighing down Canadians’ confidence in their personal finances, according to the latest MNP Consumer Debt Index which...

Read More

How to rebuild after a Bankruptcy or Consumer Proposal (3 Minute Debt Break)

After completing a Bankruptcy or Consumer Proposal, rebuilding your credit can feel nearly as daunting as getting out of debt. But just a few steps every day will get you where you want to go. The following steps will help you focus on your goals, outline...

Read More
Consultation icon