MNP Debt Blog

As humans, we’re pretty good at ignoring problems we can’t or don’t want to deal with, hoping they’ll eventually go away.

I recently worked with a retired and widowed client who came to MNP inquiring about possible debt solutions. He owed more than $120,000 on various credit cards and lines of credit which he was frightened he could never pay back in his lifetime.

If you’re struggling with debt, you may have missed payments, debts may have gone to a collections agency and your stress levels are through the roof. Maybe you’re concerned about your credit rating and what to do next.

The goal of living debt free is certainly an admirable one and something we support wholeheartedly.

As Licensed Insolvency Trustees, we often see the worst-case scenario when it comes to personal finances. Most people are at the end of their rope by the time they reach my office – having struggled with every possible fix for their debt situations and...

With a continually increasing cost of living, it’s not always easy to convince yourself to part with the few extra dollars you do have on hand, in order to pay off looming debt. In the long run however, reducing (or even eliminating) your debt load –...

Which word is more cringeworthy to you, budget or diet? Sadly, for many of us, we view those words with the same disdain.

Nobody enjoys being delinquent on their bills. But unfortunately, it’s not always possible to make ends meet.

People often come to me after months – sometimes even years of struggling with debt

Rich, poor or somewhere in between, financial wellbeing is an integral part of everyone’s mental health.