MNP Debt Blog

Canadians are facing a lot of uncertainty right now. With a sudden economic downturn and many businesses shuttered due to social distancing measures, millions have found themselves out of work and unable to pay their debts.

Provided under the Bankruptcy and Insolvency Act, Bankruptcy law aims to balance your need for a financial fresh start with your creditors’ right to recover a portion of the money they’re owed.

The COVID-19 pandemic has shut down businesses, ravaged the global economy and caused significant job losses across the country.

In the midst of a pandemic, taking care of yourself and your personal health is of the utmost importance. However, this doesn't mean you can abandon your financial health.

While social distancing is the right thing to do to defeat COVID-19, we realize these are difficult times. If you have been impacted by the pandemic and have questions about dealing with your debts, we are here to help. Our team is listening and will...

Today’s youth face wide range of financial challenges that were largely unheard of a generation ago. Why are relatively young people facing such high debt loads and shaky financial futures so early in life? Let’s look at some obvious and not...

Few things strike fear in a person’s heart like tax debt. There’s a long-held belief that you can’t fight the government, so most people resign to not even bother.

The ongoing uncertainty and instability caused by the COVID-19 pandemic have many people concerned about how they’re going to weather the months ahead.

According to Government of Canada figures, upwards of five million Canadians have applied for COVID-19-related income loss support since measures were announced in March.

The personal social and economic impacts of the COVID-19 crisis have been significant and are likely to worsen over the weeks and months ahead.