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MNP Debt Blog

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Consumer Insolvency Rate On The Decline In Cariboo Region

The number of consumer insolvencies per thousand residents in the Cariboo region, aged 18 years or above, decreased to 3.7 in 2017 and then again to 3.3 in 2018.

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How To Live Without Credit Cards

It almost seems impossible to live without a credit card these days. There are just too many situations where one is required to justify not having one.

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With a continually increasing cost of living, it’s not always easy to convince yourself to part with the few extra dollars you do have on hand, in order to pay off looming debt. In the long run however, reducing (or even eliminating) your debt load –...

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According to a recent Ipsos survey commissioned by MNP LTD., a large majority of Ontarians agree there is a lack of financial literacy amongst the public which is fueling the national consumer debt problem.

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Create A Successful Budget Fitness Plan – With Free Tools

Which word is more cringeworthy to you, budget or diet? Sadly, for many of us, we view those words with the same disdain.

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Nobody enjoys being delinquent on their bills. But unfortunately, it’s not always possible to make ends meet.

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Home equity lines of credit (HELOCs) have emerged as one of the biggest contributors to the growth of household debt in Canada, particularly in markets where real estate values have surged over the last decade. The latest data from the Office of Superintendent...

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Debt Pinch Tightens Its Grip Across Canada

The collective pressures of increased interest rates, an uptick in consumer debt over the holidays, a stagnating economy and persistently high cost of living are making it difficult for Canadians to repay their debts.

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If bankruptcy is right for you, the professionals at MNP will guide you through the entire process and put an end to your debt problems for good.

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Declaring Bankruptcy What You Need To Know

Declaring bankruptcy is not an easy decision to make. It’s important that each individual seeking out the best debt solution to their unique situation have a full understanding of exactly what the requirements and consequences of filing for bankruptcy...

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