MNP Debt Blog

Fear of losing needed or cherished assets is one of the most common reasons why people are hesitant to file a Bankruptcy. And a motor vehicle is understandably one of the assets potential bankrupts are most fearful of losing. Unfortunately, there isn’t...

Unmanageable debt is stressful enough without the persistent half-truths and complete inaccuracies that prevent people from getting the relief they need and deserve. Bankruptcy, more than any other debt solution, often seems to be the target of these...

Bankruptcy can provide relief for most types of consumer debt, save for a few noteworthy exceptions. Therefore, you can — in most cases — include a debt owing to the Insurance Corporation of British Columbia (ICBC) in a bankruptcy. However,...

Your financial fresh start has opened a whole new work of possibilities for you, including the opportunity to become a homeowner.

We’re asked this question often, largely because of the initial similarities many people see between these two debt solutions.

You’re saving, you’re budgeting for all the costs involved — and you’re nearly ready to put an offer in. But have you factored mortgage default insurance into your calculations?

Personal finance can seem like an endless stream of jargon, best practices, and often contradictory advice about what you should do with your hard-earned income.

You likely know what Bankruptcy is and what it can do for people suffering with unmanageable debt. But you may not understand how it works or what’s required of you. Maybe you feel intimidated by the legal jargon, concerns about losing everything...

This is another edition of the MNP 3 Minute Debt Break podcast. In this installment, we discuss the differences between Consumer Proposals and Bankruptcies.

If your debt payments have become overwhelming, Consolidation can be the answer. There are numerous ways to consolidate your debt, but generally it involves lumping most or all your balances together into a single affordable payment. Here are just a few...