The effects of debt can vary from person to person. You might worry over a $1,000 credit card debt, while your friend might not give a second thought until it’s in the tens of thousands.

Like many of the topics we tackle at MNP, the unfortunate answer here is it depends on why you want to use your credit card and what your plan is to pay it off.

This article will look at how often you can declare Bankruptcy, how it will affect your financial situation, and what other options you may have to address your unmanageable debt.

Money can make or break your relationship. Managing your finances with your partner or spouse can guarantee a debt-free life and relationship.

Given the challenges this year has presented, Canadians don’t need any more bad news. But it appears yet another crisis is about to hit home for many households.

The Canada Emergency Response Benefit (CERB) has been a welcome respite for Canadians struggling with the economic fallout of COVID-19.

Parenthood happens differently for everyone. You can plan it carefully or it can be a surprise. You can share the experience with a partner or you can go it alone. But it will always change your life forever.

When evaluating your options for how best to deal with unmanageable debt, a Bankruptcy or Consumer Proposal are always worth considering.

Household debt ratios continue to break records across the country. And as more and more people are working to service that debt, many are unable to set aside savings for unexpected expenses.

This is the fourth in a five-part blog series about what Consumer Proposals are, how the process works, and whether they might be the right solution for you to get permanent relief from your unsecured debt.