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MNP Debt Blog

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What Is a Licensed Insolvency Trustee?

The terminology surrounding debt problems and solutions can be confusing. How much debt is “overwhelming” debt? What does it mean to be insolvent — does it simply mean owing too much money to too many credit accounts? And what is the...

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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.

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More than half of Ontarians concerned about impact of rising interest rates

As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Ontarian households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging year...

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As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Atlantic Canadian households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging...

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As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many households in Saskatchewan and Manitoba stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially...

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As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many households in Manitoba and Saskatchewan stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially...

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How do I know when to ask for help with my debt?

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

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Nova Scotians face difficulties seeking assistance with debt

More than half of Atlantic Canadians have difficulties trusting companies that assist with managing debt or are embarrassed to seek financial advice.

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New Brunswickers face difficulties seeking assistance with debt

More than half of Atlantic Canadians have difficulties trusting companies that assist with managing debt or are embarrassed to seek financial advice.

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Newfoundlanders face difficulties seeking assistance with debt

More than half of Atlantic Canadians have difficulties trusting companies that assist with managing debt or are embarrassed to seek financial advice.

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