MNP Debt Blog

The number of consumer insolvencies per thousand residents in Montréal, aged 18 years or above, decreased to 4.9 in 2018, continuing the downward trend since 2016.

One of the worst parts of having debt problems is dealing with the multiple phone calls from creditors and collection agencies looking for payment.

I recently worked with a retired and widowed client who came to MNP inquiring about possible debt solutions. He owed more than $120,000 on various credit cards and lines of credit which he was frightened he could never pay back in his lifetime.

Helping people is what we do at MNP Debt. Every day, we work to provide tailored and effective debt solution that eliminate our clients’ stress, improve their relationships and provide hope for a better financial future.

If you’re struggling with debt, you may have missed payments, debts may have gone to a collections agency and your stress levels are through the roof. Maybe you’re concerned about your credit rating and what to do next.

As Licensed Insolvency Trustees, we often see the worst-case scenario when it comes to personal finances. Most people are at the end of their rope by the time they reach my office – having struggled with every possible fix for their debt situations and...

The goal of living debt free is certainly an admirable one and something we support wholeheartedly.

Companies devote resources to protect their business but often overlook the details necessary to also protect key stakeholders and directors.

In my work as a Licensed Insolvency Trustee, I see firsthand the unfortunate effects financial crises can have on debtors’ mental and emotional wellness.

A recent poll conducted by Ipsos on behalf of MNP LTD reveals nearly half (49%) of Saskatchewan residents say their financial situation is the worst around the holidays – more than any other time of year.