After a near decade long streak of low borrowing costs and easy credit from banks, Canadians are carrying record levels of debt.

With a few exceptions, most banks and lessors will agree to your keeping the vehicle in a bankruptcy and continuing on with the payments so long as your payment history has been good and your payments are currently up-to-date.

Ultimately, the purpose of any business is to make a profit. The value of any business is largely determined as a multiple of its profit or cash flow.

Currently, if you ended your studies less than 10 years before you start a bankruptcy, the bankruptcy will not release you from your obligation to repay the student loans.

January is the month where consumers cry the blues about the money they spent over the holidays. To help alleviate this added stress the local MNP offices serving the Niagara Region have been giving back to the community.

MNP LTD Trustee Zaki Alam was interviewed by CTV News Edmonton to discuss debt loads. Throughout the interview, Zaki discussed the significant amount of consumer debt across Canada, with Alberta having the highest average

MNP’s Donna Carson recently spoke with Money Mentors shared some money saving tips to consider as we head into another busy holiday season.

Under the new Family Law Act of BC, I am now considered a common-law spouse. Am I responsible for my common-law spouse’s debts?

With summer just around the corner, love is on the mind of many Canadian couples. But it can be hard to think about love when money troubles get in the way. Unfortunately, according to an online survey conducted on behalf of MNP Ltd., one in four (27%) married and common law Canadians say financial stress is affecting their relationship.

If I apply for bankruptcy, will that include whatever I owe the government as well? Such as Motor Vehicle?