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MNP Debt Blog

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The Cost Of Bankruptcy

Bankruptcy isn’t free, but it may be the life changing debt solution you’re looking for.

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Budgeting and saving money are no longer necessary steps for making a big purchase.

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How Debt Could Be A Problem For Canadians

Owing, in large part, to nearly seven years of ultra-low interest rates, low-barrier borrowing and the relative affordability of credit, Canadians are further in debt than ever before.

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How Assets And Income Affect Your Bankruptcy Claim

When you file for bankruptcy, it is helpful to first understand what the potential related costs of the process are and how they are determined.

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Why Its Important To Pay Off Your Debts Before Retirement

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.

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Survey Results October 2017

Financial stress has been linked to relationship troubles, depression, high blood pressure and even a decreased immune response.

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Rising Interest Rates Pose Challenge For Canadian Debtholders

With the Bank of Canada raising interest rates on September 6, debt holders across the country are left wondering what it means for them.

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Surprise Rate Hike Signals Time To Reduce Debt

Canadians considering taking on more debt over the near or long term may want to think twice.

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What Debt Collectors Can And Cannot Do

Managing a spiraling debt load is stressful enough without a constant barrage of phone calls reminding you that you’re behind on your payments.

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