MNP Debt Blog

Scheduling and attending a Free Confidential Consultation with an MNP Licensed Insolvency Trustee is the first step to changing your financial future.

If you’re struggling to control your debt, you know the vicious cycle it can become.

If you’re struggling to pay down your credit card debt, it may be tempting to apply for another (ideally lower rate) card which you can transfer your balance to or take advantage of special promotions offered by your bank.

As Canadians struggle with record-high consumer debt, employers have plenty of reason to worry.

People often come to me after months – sometimes even years of struggling with debt

As a consumer finance professional, I field a lot of questions about money. But few do I experience more often than the age old — “Should I invest in my retirement or pay off my debt?”

Dealing with the stress of unmanageable debt is exhausting.

Owing the government money can be very intimidating as it’s assumed the government has a limitless ability to collect the debt through any means necessary.

We have seen countless news reports, tweets, blogs that tell us that Canadians have more debt than ever.

At MNP, we hear this a lot: “I have a pension through work (or pension savings) and I know what I will received from Canada Pension Plan (CPP) and Old Age Security (OAS). Am I ready to retire?”