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MNP Debt Blog

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Albertans are becoming acutely aware of the impact interest rates and inflation have on their household budgets, as both continue on their months-long upward trajectory.

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There are approximately 1,000 LITs in Canada; all are licensed by the federal government. Whether it is a small personal bankruptcy or a large CCAA company restructuring, an LIT is involved. The educational requirements to become an LIT are rigorous....

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Ontarians are becoming acutely aware of how rising interest rates and inflation impact their household budgets, as both continue on their months-long upward trajectory.

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Six Reasons Why You Should Switch Banks When Filing a Proposal or Bankruptcy

This is part one in a six-part series on the rationale behind switching banks prior to filing for bankruptcy or kicking off a consumer proposal.

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What’s the difference between secured and unsecured debt?

Debt is a financial tool. And like any tool, it comes in many different shapes and sizes to fit its purpose.

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Dealing With Debt as a Business Owner

While taking on business debt is not inherently bad, like all debt, you must approach it from a prudent and practical standpoint.

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The average person spends most of their life chasing financial stability. We may not feel like we’re getting ahead, but for many of us that’s ok; as long as we’re not falling behind. What does it mean to be financially healthy, and how...

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Manitoba and Saskatchewan residents are becoming acutely aware of how interest rates and inflation impact their household budgets, as both continue on a months-long upward trajectory.

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Saskatchewan and Manitoba residents are becoming acutely aware of how interest rates and inflation impact their household budgets, as both continue on a months-long upward trajectory.

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