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MNP Debt Blog

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Four strategies for reducing debt in retirement

Recent studies have suggested as many as half of Canadians are retiring in debt.

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New to Bankruptcy? Here’s a step-by-step guide of what to expect

You likely know what Bankruptcy is and what it can do for people suffering with unmanageable debt. But you may not understand how it works or what’s required of you. Maybe you feel intimidated by the legal jargon, concerns about losing everything...

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Millions of Canadians are struggling with debt addiction — a problem that has worsened over more than a decade of historically low interest rates and a growing culture of debt normalization.

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How does compound interest compound your financial situation?

This can be highly beneficial when you’re investing because every month you can earn additional interest on the interest you earned over the previous months.

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How a Bankruptcy or Consumer Proposal affects your credit rating

When evaluating your options for how best to deal with unmanageable debt, a Bankruptcy or Consumer Proposal are always worth considering.

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How you can prepare for life after CERB

The Canada Emergency Response Benefit (CERB) has been a welcome respite for Canadians struggling with the economic fallout of COVID-19.

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How cash-strapped Canadians can navigate rising grocery prices

Given the challenges this year has presented, Canadians don’t need any more bad news. But it appears yet another crisis is about to hit home for many households.

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The Financial Challenges of Becoming a Parent

Parenthood happens differently for everyone. You can plan it carefully or it can be a surprise. You can share the experience with a partner or you can go it alone. But it will always change your life forever.

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In the midst of a pandemic, taking care of yourself and your personal health is of the utmost importance. However, this doesn't mean you can abandon your financial health.

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While social distancing is the right thing to do to defeat COVID-19, we realize these are difficult times. If you have been impacted by the pandemic and have questions about dealing with your debts, we are here to help. Our team is listening and will...

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