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MNP Debt Blog

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Growing Lines Of Credit Spur Warnings

As Canadians are struggling with a weakened economy and a consistently increasing cost of living, it's no surprise to learn that many are relying on credit in efforts of trying to stay ahead of monthly financial obligations. Taking it one step further,...

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There is no denying the facts: We are living in a tough economy. As more and more Canadians are buckling under the financial pressure of keeping up with living expenses, many are turning to companies who offer quick fixes to what are (more often than...

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Risky Business

When the economy is going well and your business is humming, all seems good. But what happens, if there is a downturn? Is your business ready? Are you?

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What exactly are your duties during a bankruptcy and what happens if you can’t keep up with them? Both very good questions!

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Consumers In B.C. And The Burdens of Debt

As Canadians are struggling with a weakened economy and a consistently increasing cost of living, it's no surprise to learn that many are relying on credit and (current) low interest rates to help keep up with monthly financial obligations and expenses....

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Top search engine Google, has just taken a landmark stance against payday loans lenders, who offer short term loans at extremely high interest rates – often putting consumers at great risk for unmanageable debt as they struggle to pay off loans and interest,...

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Whether you are trying to figure out which credit card is right for you or if you are looking to rebuild your credit, it is important to know your options. Most credit cards have the same basic functions – they offer convenience, when purchasing...

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Can Someone Else Assume Responsibility For My Debts?

The short answer, is yes, though the reality of passing off the responsibility of your debt(s) can be a little more complicated. There are a number of ways for a third party to assume responsibility for your debts – both on a formal basis and an informal...

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MNP’s history dates back to 1945, when Winnipeg-based Laird, Sprague & Co opened an office in Brandon, Manitoba. In 1957 however, the Brandon office became independent when Laird, Sprague & Co joined another firm. In 1958, Ron Meyers acquired full ownership...

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High Debt Loads Hurt Albertans

Given the current economic downturn in Alberta, it's not surprising to learn that insolvencies are at a significant upturn in the province. MNP's Donna Carson was on hand to speak with the Globe and Mail about the financial distress many in the province...

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