MNP Debt Blog

Collection agencies use many tactics to enforce repayment of debt. The most common methods are phone calls and letters. However, depending on the amount owed, the situation can quickly escalate to threats of legal action — which, in turn, can result...

Whether you undergo a bankruptcy proceeding or a consumer proposal to get a fresh start from excessive debt, one important item to understand is the rules around surplus income.

Understanding which debt is secured and which is unsecured is important as they affect you differently, particularly if you default in your payments.

With a wavering Canadian economy and unemployment continuing to roll through several Canadian provinces, thousands of households have found themselves struggling to make it from one financial obligation to the next. This is especially true for single...

Most people wait far too long to seek professional help with their debt. There are several common reasons for the hesitation.

Owing Canada Revenue Agency (CRA) money can be overwhelming — especially because the government has greater powers to collect outstanding debts compared to other creditors.

According to separate surveys conducted in Canada and the United States, discussing the topic of personal debt was ranked by some participants as a bigger taboo than topics like politics, religion, and marital problems.

Breaking stigmas means ridding ourselves of our assumptions, generalizations, and broad-brush statements that are harmful to individuals and groups.

You already know the many benefits of skilled money management. The fact you’re reading this blog post says at least that much. Your challenge, like for most households, is how to navigate the seemingly infinite demands on your frustratingly finite...

Family Day is a nice break from other annual holidays that come pre-packaged with set traditions, expectations, and the ever-present commercialization that drives many of us to overspend. You have a blank slate to create your own schedule, activities,...