MNP Debt Blog

Are you in financial trouble? Are you worried about what will happen if you stop making credit card payments? Call the experts today for a free consultation.

According to a recent Ipsos poll conducted by MNP LTD., the increased cost of borrowing due to rising interest rates is causing many Canadians to re-evaluate their relationship with debt.

According to a recent Ipsos survey commissioned by MNP LTD., a large majority of Quebecers agree there is a lack of financial literacy amongst the public which is fueling the national consumer debt problem.

​According to a recent Ipsos poll conducted by MNP LTD., the increased cost of borrowing due to rising interest rates is causing many British Columbians to re-evaluate their relationship with debt.

British Columbians are increasingly reliant on debt and struggling to pay off their outstanding balances.

Recent poll finds Canadians would need to earn nearly 40% more to eliminate debt.

Debt consolidation is the process of combining two or more debts into one. The aim of debt consolidation is to enable you to become debt-free through one consolidated monthly payment over a defined period of time.

There are a number of companies that advertise ‘Debt Management Services’. In essence, these companies are suggesting they can negotiate a settlement with your various unsecured creditors on your behalf without going through a formal Consumer Proposal...

One of the first options anyone with financial difficulty should consider is consolidating their debts through what is normally called a debt consolidation loan.

Both individuals and corporations can make use of the Bankruptcy and Insolvency Act. A consumer bankruptcy is simply a bankruptcy filing by an individual in Canada.