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MNP Debt Blog

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Three questions to ask before taking out student loans

If you’re considering taking out student loans or securing financing for your education, there are certain questions you need to ask yourself, and perhaps your loan provider as well, before you jump in.

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Financial Scams (3 Minute Debt Break)

Financial scams have been around for decades. But they seem to have never been as common, insidious and invasive as they are today. It’s easy to assume you’ll never fall for a scam. But we’re all vulnerable, and we can all become victims...

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The Role of a Licensed Insolvency Trustee

A Licensed Insolvency Trustee (LIT) is an insolvency professional who has been licensed by the Superintendent of Bankruptcy in Canada to help individuals and businesses who are having difficulty paying their debt, administer Consumer Proposals and Bankruptcies...

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Summer Fun List: How to Enjoy Vancouver on a Budget

Fortunately, there are plenty of things to do in the Lower Mainland for little or no money. If you need a break from the doom and gloom, check out our list for having some fun on a dime!

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5 Tips for Students to Protect Financial Health

Implementing these five tips for financial health can increase a student’s chance of converting that higher income into greater wealth and security.

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Post-secondary education costs money. Depending on the program, sometimes a lot of it. But there are steps every student can take to prepare for these costs and minimize the future financial impacts of pursuing a higher education.

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What happens after I file for a Consumer Proposal?

What happens after you file the paperwork and your Consumer Proposal goes into place? And, more importantly, how can this process help you go from overwhelmed by debt to mastering the art of credit management?

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Looking for the right Licensed Insolvency Trustee? Here’s why being local matters

Until March 2020, there was no such thing as a virtual insolvency proceeding, unless you lived in a remote area. If you wanted to file a Bankruptcy or Consumer Proposal, you had to meet with a Licensed Insolvency Trustee in person.

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Dealing With Debt as a Business Owner

While taking on business debt is not inherently bad, like all debt, you must approach it from a prudent and practical standpoint.

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