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MNP Debt Blog

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Life After Debt Should I Get Credit Again

Now that you’ve completed your Bankruptcy or Consumer Proposal, you may be considering getting credit again.

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Can You Pay Your Debt And Save For Retirement

At MNP, we’re seeing a growing number of people working well-past retirement age simply to afford their monthly debt obligations.

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Weppa Changes On The Way

On October 29, 2018, Bill C-86, Budget Implementation Act, 2018, No. 2 was tabled, which includes some important amendments to the Wage Earner Protection Program Act (WEPPA).

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How Your Financial Health Supports Your Mental Health

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

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Consumer Insolvency Rate Declining In Halifax

The number of consumer insolvencies per thousand residents in Halifax, aged 18 years or above, decreased to 6.1 in 2017 and then again to 5.8 in 2018.

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Ottawa Insolvency Rate Reaches Highest Level In Five Years

The number of consumer insolvencies per thousand residents in Ottawa, aged 18 years or above, hit 3.8 in 2018 – the highest level since 2013, when it also sat at 3.8.

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The number of consumer insolvencies per thousand residents in the area, aged 18 years or above, remained at 2.9 in 2018.

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The number of consumer insolvencies per thousand residents, aged 18 years or above, increased to 3.7 in 2018, after declining for the past nine years.

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Insolvency Rate In Regina Moose Mountain Region Reaches All Time High

The number of consumer insolvencies per thousand residents in the region, aged 18 years or above, reached 4.5 in 2018 – the highest since tracking began in 1987.

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Consumer Insolvency Rate In Hamilton-Niagara Peninsula Region Remains Stable

The number of consumer insolvencies per thousand residents in the area, aged 18 years or above, remained at 3.3 in 2018.

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