MNP Debt Blog
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Does Bankruptcy mean losing everything?
20/07/2021
Tanya Reynolds
Lifestyle Debt
Debt Solutions
Bankruptcy
The most common concern for debtors contemplating a Bankruptcy is what they’ll have to give up to achieve a financial fresh start.
Read More arrow_forwardHow do I know if I have too much debt? Six signs that don’t lie
20/07/2021
Olivier Boyd
Bankruptcy
Alternatives to Bankruptcy
This question comes up a lot, but it’s a difficult one to answer. While everyone loves a good benchmark, there’s never a clear-cut answer for how much debt is too much for any individual.
Read More arrow_forwardNearly half of Canadians doubtful they can cover living expenses this year without going into further debt, highest level in three years
19/07/2021
Grant Bazian
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD, finds almost half of households (45%, +6) are not confident they’ll be able to cover all living and family expenses in the next 12 months without taking on more debt.
Read More arrow_forwardNearly half of Ontarians doubtful they can cover living expenses this year without going further into debt, highest since December 2019
19/07/2021
Caryl Newbery-Mitchell
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds almost half (46%, +6pts since March) are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardNearly half of Quebecers doubtful they can cover living expenses this year without going further into debt (46%, up 9 points)
19/07/2021
Frederic Lachance
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds almost half (46%) of households in the province are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardFour in 10 Saskatchewan and Manitoba residents doubtful they can cover living expenses this year without going further into debt, most since December 2019
19/07/2021
Pamela Meger
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds four in 10 (43%, unchanged since March) households are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardFour in 10 Manitoba and Saskatchewan residents doubtful they can cover living expenses this year without going further into debt, most since December 2019
19/07/2021
Tanya Reynolds
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds four in 10 (43%, unchanged since March) households are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardNearly half of Albertans doubtful they can cover living expenses this year without going into further debt, highest level in three years
19/07/2021
Donna Carson
MNP Consumer Debt Index
The quarterly poll conducted by Ipsos on behalf of MNP LTD finds almost half (45%, +5pts since March) are not confident they’ll be able to cover all living and family expenses in the next 12 months without spending on credit.
Read More arrow_forwardNew Brunswick residents feeling flush and ready to spend as concern about debt and personal finances eases post-pandemic
19/07/2021
Tara Silliker
MNP Consumer Debt Index
The MNP Consumer Debt Index finds a third (32%) say they plan to spend more than normal on things such as travel, dining, and entertainment as they re-engage with the economy.
Read More arrow_forwardNewfoundlanders feeling flush and ready to spend as concern about debt and personal finances eases post-pandemic
19/07/2021
Greg Gosse
MNP Consumer Debt Index
The MNP Consumer Debt Index finds a third (32%) say they plan to spend more than normal on things such as travel, dining, and entertainment as they re-engage with the economy.
Read More arrow_forward