MNP Debt Blog

There are differences between bankruptcies and consumer proposals across the provinces and I would encourage individuals struggling with financial difficulty to consult with a trustee such as myself who is resident in their particular province

As unemployment continues to roll through Saskatchewan and the value of Canadian oil continues to slump on the global market, households across the province are finding themselves on the bring of financial ruin.

Student loan debt has become a significant cause of financial burden on many post-secondary students in Canada. As the cost of education continues to rise, many students leave university or college carrying the burden of debt and the repayment process....

If you’re struggling with your finances and heading toward bankruptcy, you may think it makes sense to sell or transfer some of your assets.

The Federal Government rolled out the Canada Emergency Response Benefit (CERB) to support those who were unable to work during the COVID-19 pandemic — and many people signed up quickly before the eligibility requirements were complete.

The first step to handling financial difficulty is being aware of the situation. Are you insolvent or bankrupt? Here’s how to tell.

When you find yourself out of employment and unable to make ends meet, there are several steps you can take to navigate the situation.

Let’s explore some of the stigmas around Bankruptcy, why you shouldn’t be afraid of this process, and how a Licensed Insolvency Trustee (LIT) can help you on your journey toward a debt-free future.

Bankruptcy can be an intimidating proposition, but it doesn’t have to be scary or complicated. Living with financial stress has many negative impacts, on your wallet, your mental health, and on your ability to plan for the future.

Money can make or break your relationship. Managing your finances with your partner or spouse can guarantee a debt-free life and relationship.