MNP Debt Blog

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.

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...

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!

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

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.

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?

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.

The average person spends most of their life chasing financial stability. We may not feel like we’re getting ahead, but for many of us that’s ok; as long as we’re not falling behind. What does it mean to be financially healthy, and how...

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