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MNP Debt Blog

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Worried About Vacation Debt Why Not Holiday In Canada

Spending time with your loved ones by going on a family vacation can be a memorable time, but if the thought of the high costs of a holiday is putting you off or causing unnecessary stress, it may be time to consider about checking out holiday spots in...

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Debt is a subject no one likes to talk about. Many people have debt but don’t know what to do to get out of it. Here are five insightful tips for anyone trying to stay afloat:.

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Personal Bankruptcy On The Rise

With increased unemployment spreading throughout the prairies and B.C, many are struggling to keep up with day-to-day expenses and find themselves more reliant on credit than they would like to be.

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Couple Need A Firmer Grip On Budgeting

Norman and Lena, otherwise well-set for early retirement, would be wise to get a better handle on spending.

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What Happens To My Savings In A Bankruptcy

If your financial situation has become overwhelming and you find yourself struggling from one debt payment to the next – you’re certainly not alone.

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Instalment Loan Debt Delinquency Increase Sharply

MNP's TAKE: As the price of oil continues to drag and Canadians from coast to coast face increased unemployment, many are turning to credit or high risk (which also means high interest) loans to carry them through what they hope to be a short-lived financial...

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It is said that the only an egg is better when it is broken. When a material financial crisis results in a company being broken, its ongoing viability needs to be immediately assessed to determine if the business is insolvent.

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Falling Behind? Make the Call

As the price of oil continues to affect households throughout Alberta and Saskatchewan, many are falling behind and finding themselves unable to keep up with the day-to-day cost of living, let alone staying on top of their debt obligations.

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The purpose of this article is to give you some idea of what your rights are in a bankruptcy when you are a creditor and aren’t satisfied with some aspect of the process.

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The Gap Between Canadians And Insolvency Is Narrow

According to our recent MNP Consumer Debt Sentiment Survey, a whopping 56 per cent of Canadians are within just $200 away of being unable to keep up with their financial obligations at the end of each month.

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