MNP Debt Blog

The road to a financial fresh start begins with gaining insight into your current financial state. MNP has built various easy-to-use and accessible tools to help you understand your finances and determine the best debt relief options for you.

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.

Amid rising interest rates moving upwards and a challenging cost of living for households, the proportion of Albertans who are concerned about their ability to pay their debts has reached an all-time high.

With rising interest rates and the cost of living remaining a challenge for B.C. households, the proportion who report being close to insolvency has spiked.

Many people start a new month or year with the intention to budget and save, but not many are able to stop themselves from overspending. If you’re dealing with overspending issues, you’re not alone.

As interest rates move upwards and the cost of living remains a challenge for households, the proportion of Canadians who report being insolvent has reached an all-time high, according to the latest MNP Consumer Debt Index.

With interest rates rising and borrowing costs remaining a challenge for households, the proportion of Quebecers who feel anxious about debt has reached an all-time high.

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....