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Which Repayment Plan Wins: Debt Avalanche or Snowball?

If you're like most Canadians today, you might find you're struggling to keep up with the day-to-day cost of living. With a weakened economy and unemployment on the rise, many people across the country have found themselves relying on debt to make it from one financial obligation to the next. While credit can be a helpful resource in a pinch, credit reliance can happen quickly, putting you in a cycle of debt repayments that can seem impossible to...

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Understanding How Filing For Bankruptcy Can Affect Your Spousepartner And Family

A bankruptcy will have only a small impact on other family members, but it's important to know what that looks like.

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Trustees Offer Help For Canadians Feeling The Debt Pinch As Holiday Bills Arrive

January 18, 2016, CANADA – The third Monday in January has been dubbed Blue Monday; what can be for some the most depressing day of the year as the holiday bills arrive around this time.

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Three In Ten Canadians Say Low Interest Rates Have Caused Them To Take On More Debt Than They Otherwise Would Have

As we await the Bank of Canada’s next announcement on interest rates, Canadians’ appetite for cheap credit is being highlighted by our latest survey.

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One In Three Ontarians Say Low Interest Rates Have Caused Them To Take On More Debt Than They Otherwise Would Have

As the nation awaits the Bank of Canada’s next announcement on interest rates, Ontarians’ appetite for cheap credit is being highlighted by a new Ipsos survey conducted on behalf of MNP Debt.

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Three In Ten Albertans Say Low Interest Rates Have Caused Them To Take On More Debt Than They Otherwise Would Have

As the nation awaits the Bank of Canada’s next announcement on interest rates, Albertans’ appetite for cheap credit is being highlighted by a new Ipsos survey conducted on behalf of MNP Debt.

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One In Three Canadians Feel Rising Interest Rates Could Push Them Towards Bankruptcy

Nearly half of Canadians are just $200 away from financial crisis; 28 per cent plan to take on more debt to cover regular household expenses in 2016.

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Not a Canadian Citizen and in Financial Trouble? Here’s Some Well Deserved Advice!

Canada is a welcoming place. People from across the globe have been choosing to immigrate here for generations and have, in return for new opportunities, given back more than could have been expected. Our country is richer for their presence.

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Why Are So Many Canadians In Debt

A debt survey conducted by MNP found that nearly half of Canadians are within just $200 of not being able to keep up with their monthly financial obligations.

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What Happens If I Dont File Bankruptcy But Have A Lot Of Debt

I have alot of debt, that I am unable to pay, what happens if I don't declare bankruptcy? I have no money to file for bankruptcy?

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