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The quarterly MNP Consumer Debt Index has taken a drastic plunge to 77 points, down 15 points from the last quarter and marking an all-time low since the Index was created over five years ago.

A Licensed Insolvency Trustee (LIT) is a federally regulated professional who provides solutions for managing debt. During the COVID-19 pandemic, LITs have been instrumental in helping individuals and businesses navigate financial difficulties. 

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