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MNP Debt Blog

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When We Get Married, Does My Partners' Debt Become My Debt?

Many Canadians enter marriage with a sizable debt burden from both parties. As the most heavily indebted country in the world by some measures, that doesn’t come as much of a surprise.

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You finally met the right person and now you want to take your relationship to the next level. You move in together or you want to make it more official and get married.

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Have you ever requested a copy of your credit report? Many people I know never have and aren't even sure what it is or how to get one.

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I Cant Sell My House Because I Have Too Much Debt

A client recently came to me distraught and on the verge of tears. She had tried to sell her house, but couldn't close the sale. There was a lien registered against her property which prevented the transaction from moving forward.

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Since last year, the Office of the Superintendant of Bankruptcy in Canada reported a 24% increase in the number of filings in Saskatchewan over the same 3 months in 2013 and 2014.

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While no one really wants to borrow more than they can afford, life doesn't always go as planned. Things happen in life in which you have no control.

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Consumers have often expressed their concerns to me about harassing calls from debt collectors and how to deal with collection agents. Some even complain that even though they have made an assignment in bankruptcy (i.e. filed for bankruptcy) or made a...

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When a person in debt is trying to solve their money problems, they first have to make a choice of which debt solution they should use.

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In Alberta, the answer to this question would be yes.

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My question pertains to my spouse's debt. He has a government of Ontario Student Loan which he has not paid back in full yet - and it seems it's been some time since (he hasnt paid much to it in the 6 years we have been together - he has been graduated...

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