Latest Blog Posts
2024-12-03
Bad Debt (MNP 3 Minute Debt Break)
Lifestyle Debt
Debt can be a double-edged sword. On one hand, it can be a valuable tool to build credit and achieve financial goals, like buying a home or pursuing higher education. On the other hand, bad debt—like unmanaged credit cards and payday loans—can spiral out of control and lead to significant financial stress if not managed carefully.
Frequently Asked Questions
You have questions? We have answers.
Testimonials
Hear from Canadians just like you who have gotten a financial fresh start with MNP. The decision to move forward with a Consumer Proposal or Bankruptcy is never easy. These people were kind enough to share their stories because a Life-Changing Debt Solution changed their lives. They want you to know it’s not as scary as it seems — and the outcome is always worthwhile.
MNP Consumer Debt Index
The MNP Consumer Debt Index measures Canadians’ attitudes toward their consumer debt and gauges their ability to pay bills, endure unexpected expenses and absorb interest-rate fluctuations without approaching insolvency.
Life Happens
We get it. Life Happens. Divorce, health problems and loss of employment. If you're struggling with debt and can’t see a way out. MNP can help. We are Government-Licensed Insolvency Trustee’s and accredited insolvency counsellors. We will review your financial situation and help you determine the best way to get out of debt and get the financial fresh start you deserve.
Life-Changing Debt Solutions
Our Life-Changing Debt Solutions are designed to permanently get you out of debt once and for all — so you can stop worrying and start living again.
Do-It-Yourself Debt Solutions
Your road to debt free is just a couple clicks away. Do-it-Yourself debt solutions available 24/7.
MNP Debt Scale
Get a free checkup for your debt health. Take this quick 14 question survey for you to learn more about your debt health. Based on your answers, we will provide steps you can take to either help you achieve or continue living your debt-free future.
MNP Debt Calculator
Assess your finances and debt relief options.
Downloadable Forms
Access free, downloadable forms that will help you stay out of debt once and for all.
YouTube Video Library
Browse our curated Youtube playlists to help find the best Life-Changing Debt Solution for you.
Non-Financial Help
For those whose credit difficulties stem from troubles with abuse, addiction or mental health, becoming debt free may only be the beginning of your wellness journey.
Glossary
Find a list of terms related to bankruptcy and consumer proposals that will help clarify confusion with these processes.