MNP Debt Blog

Happy New Year and we hope you are having a healthy and prosperous start to the Year of the Tiger!

You and your life partner do exactly that — you share a life together; but do you also share the burden of all of your debt too?

While we’d never pretend to have solutions to all the problems that make Blue Monday depressing, there are steps you can take to reduce the financial stress that comes with this time of year.

The debt-to-income ratio is a common headline story; for a long time, it has been reported that the number is very high and ever increasing. So what is this ratio, why is it rising, and most importantly, what does it mean for you personally?

Did you know that one of the principal causes of stress for Canadians is financial difficulties?

When a debt is statute-barred, it cannot be brought to court and legally enforced because too much time has passed.

Congratulations! Now that your Bankruptcy or Consumer Proposal is completed, you are in the next phase of taking control of your finances. Without debt, you now have the freedom and opportunity to make financial decisions based solely on your goals —...

In less time than it takes to scroll through one of the streaming services to find your next series or movie to watch, you can focus on your debt and have a plan to keep it under control.

Whether operating a small business, or large enterprise, there is a lot at stake for Canadian entrepreneurs.