MNP Debt Blog

The holiday season is meant to be a time to enjoy being with your family and friends. For those with debt stress, it may be difficult to enjoy the holidays when you are experiencing financial difficulties.

People are always asking: are there options before I have to file a Consumer Proposal or a bankruptcy? The answer is YES, but like anything, it takes commitment and diligence for them to work. So what are the options?

As fall breezes in, our thoughts start to focus on upcoming winter events and plans.

Making a major purchase can be exciting or necessary, but it is also an expenditure that can get you in financial trouble, particularly if you don’t properly plan for the purchase.

Many people experience the frustration that comes with trying to pay down – or ideally, off – their credit card bills each month. It can be difficult to see the majority of your monthly payment going towards high interest charges.

Individuals (and corporations) may find themselves in financial difficulty and Canada Revenue Agency (CRA) may be a creditor, possibly the largest creditor. This blog post will look at whether, and how, those debts can be included in a filing under the...

In a recent poll conducted on behalf of CIBC, 14% of Canadians with debt say they will never pay it off.

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?

My question pertains to my spouse's debt. He has a government of Ontario Student Loan which he has not paid back in full yet - and it seems it's been some time since (he hasnt paid much to it in the 6 years we have been together - he has been graduated...

I owe a debt to Revenue Canada for personal income taxes. Is this included in bankruptcy?