MNP Debt Blog

In Canada, a handful of options exist for individuals who are exploring insolvency or Bankruptcy. The stress of financial difficulties can be lessened with the help of a Licensed Insolvency Trustee (LIT) to help you work through the realities of your...

Young medical school graduates struggle to pay off significant debt, both private and government, accrued during studies, insolvency may be the best option.

The third season of the MNP 3 Minute Debt Break podcast has come and gone, and now it's time look back at a few of our favourite episodes.

Dealing with debt can be a frustrating experience and it’s much worse when you start to receive calls from creditors. With the right support and tactics, you can overcome this challenge.

The first step to handling financial difficulty is being aware of the situation. Are you insolvent or bankrupt? Here’s how to tell.

It’s spring season! And as we open up to warmer temperatures and a season of bloom, your finances can also experience a positive shift that will lead you to achieve your financial goals. How can you spring-clean your finances? Review your budget,...

Divorce is a painful process for everyone involved. Add the financial stress of reconciling debt to the equation and it can quickly become overwhelming.

The Canada Revenue Agency (CRA) is tasked with assessing and collecting income and related taxes from both businesses and individuals. So, what options are available to CRA to collect a debt?