MNP Debt Blog

When people are struggling with debt, often one of their biggest worries is that they will lose their vehicle. For many, their vehicle represents not just a way to get themselves to work or the kids to hockey, but freedom itself. The idea of life without...

Prepare for the New Year by not increasing your debt burden over the holiday season. Gifts, travel, entertainment and boxing week sales are all outside the normal course of your monthly spend.

The term “Blue Monday” was coined by psychologist Cliff Arnall when he calculated the third Monday in January as the most depressing day of the year.

The presents have all been opened, the many holiday feasts consumed, the tree has been packed away and you have many magical holiday memories. So, what’s the problem?

The process of ending a relationship or going through a divorce is, most times, never easy. It can be stressful and confusing to sort through all the different moving parts. And the decisions you make today can have long-term effects. Adding to that stress...

Finally we’re through the holiday season! But now it’s time for the bills to start rolling in. How nervous are you?

As the Canadian economy continues to struggle and the cost of living continues to soar, many Canadians are struggling to keep up with the costs of day-to-day living, let alone manage debt or save for the future. Sound familiar?

When a person files a Consumer Proposal or bankruptcy, they are required to provide full financial disclosure to the LIT. In fact, the legal documents which summarize their financial position are signed under oath.

With a wavering Canadian economy and unemployment continuing to roll through several Canadian provinces, thousands of households have found themselves struggling to make it from one financial obligation to the next.

As thousands of households across the country continue to grapple with a struggling national economy and (for many) the aftermath of Alberta's energy sector crisis, it's not surprising to hear that consumer debt is soaring.