MNP Debt Blog
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Debt happens to everyone, so don’t be afraid to talk about it
28/05/2021
John Athanasiou
Bankruptcy
Debt Solutions
There’s a persistent misconception about Bankruptcy which keeps people from taking the first step. Let’s see if we can debunk some of these here.
Read More arrow_forwardCan creditors seize or garnish government retirement benefits?
13/04/2021
Dean Prentice
Lifestyle Debt
Alternatives to Bankruptcy
One of the biggest concerns among indebted pensioners is whether creditors have the right to seize or garnish their Canada Pension Benefits (CPP) and Old Age Security Benefits (OAS).
Read More arrow_forwardWhat is a debt management program and is it better than Bankruptcy?
22/04/2021
Michelle Scheller
Alternatives to Bankruptcy
Bankruptcy
Consumer Proposal
For many people, the stress and uncertainty surrounding the pandemic has only served to compound existing financial difficulties. Loss of income and rising debt loads are adding to the stress and forcing individuals to look at options they never thought...
Read More arrow_forwardHow to Calculate and Manage Your Debt (MNP 3 Minute Debt Break Podcast)
28/04/2021
Debt Solutions
No matter the size of your debt there are basically only two ways to deal with it; calculating it and managing it down. Listen for tips on how to do both and help avoid the never ending feeling of debt!
Read More arrow_forwardSix in 10 (59%) Manitoba and Saskatchewan residents within $200 of financial insolvency; up 16 points since December, reaching a five-year high
08/04/2021
Tanya Reynolds
MNP Consumer Debt Index
Six in 10 (59%) say they are $200 or less from not being able to pay all their bills and debt obligations each month — a whopping 16-point jump from December and the highest compared to the other provinces. This includes three in 10 (31%, +10pts)...
Read More arrow_forwardSix in 10 (59%) Saskatchewan and Manitoba residents within $200 of financial insolvency; up 16 points since December, reaching a five-year high
08/04/2021
Pamela Meger
MNP Consumer Debt Index
Six in 10 (59%) say they are $200 or less from not being able to pay all their bills and debt obligations each month — a whopping 16-point jump from December and the highest compared to the other provinces. This includes three in 10 (31%, +10pts)...
Read More arrow_forwardTax debt? You have options
01/04/2021
John Athanasiou
Bankruptcy
Consumer Proposal
Alternatives to Bankruptcy
This year’s tax season will more than likely be extra challenging for the nearly nine million Canadians who applied for the Canada Emergency Response Benefit in 2020.
Read More arrow_forwardMore than half (54%) of Ontarians within $200 of financial insolvency; up 13 points since December, reaching a five-year high
08/04/2021
Caryl Newbery-Mitchell
MNP Consumer Debt Index
More than half (54%) say they are $200 or less from not being able to cover their monthly bills and debt obligations, a whopping 13-point jump from December. Compared to the other provinces, Ontarians are the most likely (32%, +10pts) to report they are...
Read More arrow_forwardNewfoundlanders among six in 10 (58%) Atlantic Canadians within $200 of financial insolvency; up three points since December, reaching a five-year high
08/04/2021
Greg Gosse
MNP Consumer Debt Index
Nova Scotians among six in 10 (58%) Atlantic Canadians within $200 of financial insolvency; up three points since December, reaching a five-year high
08/04/2021
Tina Powell
MNP Consumer Debt Index
