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MNP Debt Blog

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Can your debt survive a Bankruptcy?

Filing for Bankruptcy is an option for those who are overwhelmed by debt. Bankruptcy provides you with protection from creditor actions and relief from most types of unsecured debts. But it’s not always that simple.

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How starting to save early can help relieve financial stress during the holiday season

Starting to save early can help ensure you stay within your budget and reduce financial stress in the New Year.

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Seasons of Savings – How to avoid overspending this summer

It’s been a long, cold winter, and summer is finally here. It’s a season for seeing friends and family. A chance to travel to new and familiar places.

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If you’re struggling with your finances and heading toward bankruptcy, you may think it makes sense to sell or transfer some of your assets.

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Bank of Canada's announcement on the prime lending rate: Why you should care

A hot topic in economic news these days is the question of when the Bank of Canada will announce whether they are going to change the prime lending rate. For consumers, the more important question is: how will this announcement affect you?

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What happens to debt in a divorce or separation?

It’s important to understand how the debt will ultimately be split up, and what happens when one spouse can no longer afford to pay their share.

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Buy Now, Pay Later: A Double-Edged Sword

It is important to understand the terms and conditions of a buy now, pay later plan before signing up for it.

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Will a Consumer Proposal or Bankruptcy impact my tax refund?

Often, people focused on solving debt problems through a Consumer Proposal or Bankruptcy may not recognize the impact these processes can have on their personal income taxes.

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What happens if I owe the CRA a lot of money?

Owing a large amount of money to the CRA can feel overwhelming. There are options available to help you achieve a fresh financial start.

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