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MNP Debt Blog

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As pandemic-related government aid and loan deferral programs begin to wind down, the latest MNP Consumer Debt Index finds the number of Canadians hovering close to financial insolvency has reached a five-year high.

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The MNP Consumer Debt Index for January 2023 is in… and the Index has plunged 15 points from last quarter and is now at an all-time low. The unprecedented quarterly decline underscores the anxiety Canadians feel about their debt situation amid...

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Is it difficult to declare bankruptcy? The short answer is… no. However, there are a few things you should know before you consider bankruptcy as a debt management resource.

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