MNP Debt Blog

Lifestyle creep is the tendency for people to increase their spending in proportion to increased income or availability of credit for material / non-material wants like consumer goods or experiences.

Blue Monday was coined by psychologist Cliff Arnall when he calculated the third Monday in January as the most depressing day of the year. Why?

Explaining fees and how they're collected when filing for Bankruptcy.

You’ve probably heard the expression “Keeping up with the Joneses”, right? It refers to the human desire of wanting to have what our peers or neighbours have – a luxury car, tickets to every big concert, designer clothes, exotic vacations, etc...

Could you use a little extra cash in your pocket? Paying off your credit card debt will help.

A new survey conducted by Ipsos Reid on behalf of MNP Ltd. reveals that a sizable portion of Canadians are willing to take on more debt due to the Bank of Canada’s key interest rate cut announcement.

The number of Canadians aged 65 and older is increasing rapidly. By 2030, they will make up more than one quarter of the country’s population.

Which tax refunds you keep or lose in a bankruptcy

According to a recent Ipsos poll conducted by MNP LTD., Ontarians are increasingly worried about their ability to repay their debts.

There are several common scenarios which may cause you to wonder whether personal bankruptcy is an appropriate option to get out of debt.