MNP Debt Blog

This is another edition of the MNP 3 Minute Debt Break podcast. In this installment, we discuss the differences between Consumer Proposals and Bankruptcies.

If your debt payments have become overwhelming, Consolidation can be the answer. There are numerous ways to consolidate your debt, but generally it involves lumping most or all your balances together into a single affordable payment. Here are just a few...

If you’re struggling to maintain minimum monthly debt payments or don’t see yourself ever getting out of debt on your own, you may consider filing a Bankruptcy. It is one option… but it’s not the FIRST option a Licensed Insolvency...

The youth of today face a wide range of financial challenges that were mostly unheard of just a generation ago. The cost of rent, real estate, post secondary tuition and consumer products are all largely outpacing inflation. The thought of purchasing...

The COVID-19 pandemic has shut down businesses, shaken the global economy and caused large job losses across the country. Thousands of Canadians are taking advantage of federal support measures and many are considering additional ideas to slow all the...

It’s not something we’ve heard a lot of lately… but there is some financial optimism many Canadians are experiencing. It’s the financial “upside” to the pandemic thanks to relief measures and reduced spending.

Financial scams have been around for decades. But they have never been as common and invasive as they are today. The internet, online banking and countless other technologies have enabled fraudsters to invade people’s lives and trick them into handing...

According to a recent poll, a combination of high debt and low savings means BC residents would turn to debt if caught off guard by a financial emergency.

If you have several different debts and you’re starting to have trouble managing them, you’ve probably already encountered the stress of trying to figure out who’s going to get paid and who’s not going to get paid this month.