MNP Debt Blog

The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.

Owing the government money can be very intimidating as it’s assumed the government has a limitless ability to collect the debt through any means necessary.

People often cite unexpected expenses as one of the main reasons they began using their credit cards at the beginning of a debt cycle.

There are several common scenarios which may cause you to wonder whether personal bankruptcy is an appropriate option to get out of debt.

With the ever-rising cost of post-secondary education comes increased student loan debt.

Surviving an income reduction can be extremely difficult, particularly if it results from an unexpected event such as layoff, termination or reduced hours of employment.

A recent Ipsos poll conducted by MNP LTD. finds Manitoba residents are finding it difficult to make ends meet – especially when compared to other provinces.

A recent Ipsos poll conducted by MNP LTD. indicates a significant improvement in Atlantic Canadians’ debt situations over the past four months.

While a recent Ipsos poll conducted by MNP LTD. has found Canadians are increasingly optimistic about their debt situations – that sentiment seems to have bypassed Alberta.

Canadians are more reliant on debt than ever and the outlook for paying it off any time soon appears bleak.