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MNP Debt Blog

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Getting To Know The Licensed Insolvency Trustee

Dealing with the stress of unmanageable debt is exhausting.

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Will Bankruptcy Erase All Of My Debt?

The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.

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What Happens If I Owe CRA A Lot Of Money

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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People often cite unexpected expenses as one of the main reasons they began using their credit cards at the beginning of a debt cycle.

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Who Can File For Bankruptcy?

There are several common scenarios which may cause you to wonder whether personal bankruptcy is an appropriate option to get out of debt.

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With the ever-rising cost of post-secondary education comes increased student loan debt.

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Surviving An Income Reduction

Surviving an income reduction can be extremely difficult, particularly if it results from an unexpected event such as layoff, termination or reduced hours of employment.

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Improved Debt Increasing Confidence For Atlantic Canadians

A recent Ipsos poll conducted by MNP LTD. indicates a significant improvement in Atlantic Canadians’ debt situations over the past four months.

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Manitoba Residents Show Optimism Despite Persistent Debt Struggles

A recent Ipsos poll conducted by MNP LTD. finds Manitoba residents are finding it difficult to make ends meet – especially when compared to other provinces.

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Albertans Pessimistic Concerned About Worsening Debt Situation

While a recent Ipsos poll conducted by MNP LTD. has found Canadians are increasingly optimistic about their debt situations – that sentiment seems to have bypassed Alberta.

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