MNP Debt Blog

People often cite unexpected expenses as one of the main reasons they began using their credit cards at the beginning of a debt cycle.

Many people find they struggle financially during the post-Christmas winter months. Holiday credit card bills come in, and combined with higher energy and other winter expenses can put a strain on an otherwise balanced household budget.

I purchased furniture on my credit card. If I go bankrupt, can my creditor repossess my furniture?

A new poll conducted by Ipsos on behalf of MNP LTD reveals one in three Canadians are already feeling the effects of recent increase, while two in five worry any further increases will put them in financial trouble.

Whether you know it or not, you may be going through a mid-life crisis. It usually crops up around the age of 35 to 40 because of many things, but family changes and debt accumulation can be the most problematic.

Individuals (and corporations) may find themselves in financial difficulty and Canada Revenue Agency (CRA) may be a creditor, possibly the largest creditor. This blog post will look at whether, and how, those debts can be included in a filing under the...

Beginning in January 2018, the Office of the Superintendent of Financial Institutions (OSFI) has prescribed new mortgage rules for Canadian homebuyers.

To keep yourself on track for a good financial start to 2016, try creating a detailed budget before you leave your house. Having a plan in hand will help you check things off your list – rather than adding to it!

For a family struggling financially, this can be a difficult time of year as these expenses accumulate rapidly and the family often feels obliged to incur these expenses as a matter of meeting societal expectation.

Buy Nothing Day: It’s been described as a movement, a means for people to reclaim control over rampant consumerism, an exercise in financial discipline, a protest.