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Will Unpaid Debts Simply (Poof!) Disappear?
16/06/2017
David Gowling
Debt Solutions
As debt levels continue to creep, what happens when consumers can’t keep up with minimal payments, let alone being able to actually pay that debt down?
Sixty-four per cent of Saskatchewan and Manitoba residents say they are now living within $200 a month of being unable to pay their bills and debt payments each month
05/10/2016
Grant Bazian
MNP Consumer Debt Index
A huge portion of residents of Saskatchewan and Manitoba are concerned about their level of debt and their ability to meet their payment obligations. Sixty-four per cent of residents now say they are $200 or less per month away from not being able to meet all of their bills or debt obligations each month.
Saskatchewan Had The Highest Loan Delinquency Rate In The Country At 304 Per Cent In The First Quarter
06/06/2016
Grant Bazian
MNP Consumer Debt Index
As of May 20, 2016, Saskatchewan had the highest delinquency rate in the country. Given how significantly Saskatchewan and Alberta have been hit by the oil slump, this doesn’t necessarily come as a surprise to financial strategists and advisors throughout the country.
Overspending on the Holidays: Unexpected Expenses Can Cost Canadians More Than They Think
06/12/2016
Lifestyle Debt
Canadians plan to spend 17 per cent more this Christmas than last, according to Accenture’s annual Canada Holiday Shopping Survey, an average of $873 compared to the $744 they expected to spend last year.
Nearly Thirty Per Cent Of Atlantic Canadians Say Low Interest Rates Have Caused Them To Take On More Debt
13/04/2017
MNP Consumer Debt Index
As the nation awaits the Bank of Canada’s next announcement on interest rates, Atlantic Canadians’ appetite for cheap credit is being highlighted by a new Ipsos survey conducted on behalf of MNP Debt.
Nearly Forty Per Cent Of British Columbians Concerned About Making Debt Payments If Interest Rates Increase
13/04/2017
MNP Consumer Debt Index
As the nation awaits the Bank of Canada’s (BOC) next announcement on interest rates, British Columbians’ debt anxieties are being highlighted by a new Ipsos survey conducted on behalf of MNP Debt.
Most business owners who are incorporated are now aware that if the company does not pay its various sales taxes, employees’ salaries & vacations and the DAS, etc – then as the administrator of the company you are responsible for the said liabilities.
Why Would I Chose A Bankruptcy Or A Proposal
05/07/2010
What are some of the differences between a bankrupcy and a proposal. Why would I pick one or the other?
Why Upbeat Bank Of Canada May Want To Change Its Tune
03/08/2016
Grant Bazian
Lifestyle Debt
If you're struggling under the burden of financial difficulties and find it difficult to manage the cost of day-to-day expenses let alone keep on top of your debt obligations, the one thing for sure is that you are not alone.
I haven't filed taxes in ten years. Don't even have all the paper work. Owe about $50000 to the government and about $6000 in other debts. Just need to know where to start. Child support is 1305 and currently on unemployement
