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MNP Debt Blog

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Everything you need to know about the rising debt among young medical students

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

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Best of Season 3 - MNP 3 Minute Debt Break

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.

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Creditors won’t stop calling? Here’s what you can do about it

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.

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How do you know if you're insolvent?

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

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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,...

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CRA Collection Rights: Not Your Ordinary Creditor

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?

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Debt and divorce: A financial fresh start

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

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In recent years, Canadians have grown accustomed to low interest rates. The Bank of Canada used low interest rates to encourage spending and spur economic activity during the pandemic. However, 2022 marked a sharp and painful turn for many. To combat...

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