MNP Debt Blog

The pandemic, childcare challenges, and the difficulties of spending much more time together during lockdowns made 2020 a difficult year for many couples.

What do Walt Disney, Elton John, and Larry King have in common? After filing Bankruptcy, these and countless other respected cultural icons all went on to achieve fortune, fame, and overwhelming success.

Like all professions, there are several questions Licensed Insolvency Trustees hear quite regularly. By far the most common is “What is the typical cause of Bankruptcy or insolvency?”

If you’ve been researching options to manage and overcome your debt, it’s likely you’ve already heard about Consumer Proposals and may even have a basic understanding of how they work.

We’re all familiar with recycling and it’s environmental benefits. It’s one of the three Rs of sustainability many of us learned in primary school, along with reduce and reuse.

Many Canadians may find themselves overburdened with debt due to various factors beyond their control.

Six in 10 (58%) are at least somewhat likely to borrow more before the end of this year, including nearly four in 10 (37%) who say they’re inclined to use a credit card that already carries a balance.

When you are considering your retirement goals, remember that having a plan to deal with your debt is just as important as planning for your retirement income. Planning your retirement income is something we are trained to do from a very early age. Planning...

Starting a new business is a great adventure. And since you’re running the show, it’s on you to make multiple decisions every day, especially the challenging financial ones. When you’re first starting out, money decisions can have huge...

Six in 10 Albertans are likely to pile on more consumer debt before the end of the year, including one in five who will use buy now, pay later options.