MNP Debt Blog

The credit card statements are neatly piled on the top of your desk waiting to be paid. All have different payment dates scattered throughout the month and collectively the payments are somewhat manageable but the interest rates are making it nearly impossible...

Many people experience the difficulty of managing multiple debts and day-to-day expenses that can leave you feeling like you are barely getting by on a monthly basis.

Dealing with debt can be an overwhelming experience. Quite often, people do not understand how they accumulated so much debt and in some cases in a very short period of time.

Are you wondering who to turn to when you need help with debt in Canada and your credit rating is too low to consolidate your debts? There are many diverse options out there, each with their benefits but also considerations.

This statement bothers me every time I hear it! To say that a Trustee works for one party suggests that he or she works against someone else.

It was Benjamin Franklin who said, “We get old too soon and wise too late.”

Many people find they struggle financially during the post-Christmas winter months. Holiday credit card bills come in, and combined with higher energy and other winter expenses can put a strain on an otherwise balanced household budget.

The phone won’t stop ringing. You’re afraid to answer the phone because you’re pretty sure it’s a collection agent.

Will 2015 be the year you break the cycle of debt? If you’re tired of relying on credit and looking to secure a more comfortable financial future for yourself, read our seven step process to help you budget accurately and reduce your debt.

MNP LTD Trustee Judy Scott was interviewed by The Province to discuss post-holiday debt.