MNP Debt Blog

When you file for bankruptcy, it is helpful to first understand what the potential related costs of the process are and how they are determined.

I will owe the government about $150000 and have about 150000 in equity in my condo. I will not be able to make the payments to the government for taxes. Is my scenario a case for bankruptcy or does one have to sell the home?

The holiday season is meant to be a time to enjoy being with your family and friends. For those with debt stress, it may be difficult to enjoy the holidays when you are experiencing financial difficulties.

Do you live in Quebec? Are you struggling with debt? The good news is, there are multiple options available to help you eliminate your debts, each of which has their own unique considerations and work best in varying situations.

I would like to file for bankrupcy but i have a student loan and I am drowning in debt but trying to get a education to secure my future. Can i file for bankrupcy even with a student loan?

What effect will bankruptcy have on my credit rating? I've been hearing that I won't get credit for 7 years. Is this true?

Most people with an addiction to spending do not realize the extent of their spending until their credit cards or lines of credit are maxed out and bill collectors start calling. A spending addiction can begin as early as childhood and may be caused...

Debt, like most problems, usually has more than one solution. And while this may seem like a good thing, it can make it harder to find the solution that's best for you.

Author E.E. Cummings, when talking about his debts, is reported to have said, “I am living so far beyond my income that we may be said to be living apart.” Humorous as it may sound, being in debt is never cool.

The presents have all been opened, the many holiday feasts consumed, the tree has been packed away and you have many magical holiday memories. So, what’s the problem?