MNP Debt Blog

Are you a millennial? This generation is quickly rising to dominance in Canada, representing a highly influential age range of 25 to 40 years and comprising more than a quarter of the population.

When dealing with debt, the consumer is often faced with unfamiliar terms, such as “secured debt,” and “unsecured debt.” Debt is debt, right? Well, not quite!

It’s been more than a year since the terms COVID-19 and pandemic entered our daily vocabulary and completely upended our routines. The mental health impacts of the virus, the various health orders, and their financial impacts are as significant...

Every day we receive dozens of questions on our website, on social media, and during Free Confidential Consultations wondering how to overcome or alleviate debt without filing a Bankruptcy or Consumer Proposal.

It’s difficult to predict the future. But it’s particularly difficult to predict your financial future. After all, who has a crystal ball to tell them what the future holds? What if your car breaks down and it needs major repairs? What...

Everyone can relate to feelings of depression and hopelessness at various points in their lives. Chronic or fleeting, these emotions may result from a sudden unexpected event such as a job loss, illness, or relationship breakdown — or build up more...

One of the most common questions among consumer debtors contemplating Bankruptcy is, “what will happen to my assets?”

At some point, everyone has succumbed to the impulse to buy a new gadget, a new pair of shoes or some other spur of the moment gift for themselves. There’s nothing wrong with occasionally treating yourself. But when frequent impulse purchases start...

There’s a persistent misconception about Bankruptcy which keeps people from taking the first step. Let’s see if we can debunk some of these here.

The role and functions of a Licensed Insolvency Trustee are understandably confusing for those who are new to the insolvency process. Let’s take a look at some of their most important responsibilities.