MNP Debt Blog

This statement bothers me every time I hear it! To say that a Trustee works for one party suggests that he or she works against someone else.

This statement bothers me every time I hear it! To say that a Licensed Insolvency Trustee (LIT) works for one party suggests that he or she works against someone else.

In a recent poll conducted on behalf of CIBC, 14% of Canadians with debt say they will never pay it off.

For thousands of Canadians across the country, it’s no secret to hear that our national economy is facing an uncertain future.

A survey conducted by Pollara for BMO revealed that Canadian holiday spending plans in 2013 were up for the third straight year, with anticipated average spending on travel increasing 22% to $689, while average gift-buying went up only slightly, to $678...

If I have been discharged from bankruptcy will my bankruptcy affect my ability to be bonded for a job?

When you have numerous debts, debt consolidation should be one of the first options you consider to regain control of your finances. Before you start the process, check your credit score.

An RRSP is an asset of a bankruptcy estate, however subject to exemptions provided by both provincial and federal legislation. It is the exemptions afforded a bankrupt that permits an individual to retain certain assets, while permitting them to access...

I have a partnership company with a debt of 5,000.00 and alot of other debt's. I need to know if i can claim bankruptsy and how.

If I just leave the country for a certain amount of time will all my debts (credit cards, loans, 6 years of unpaid income tax, etc.) just "0" out? If the answer is "no" would I have a problem getting into another country with a fresh bankruptcy on my...