MNP Debt
272 St George St Suite 200 E1C1W6 Moncton, NB, Canada

With the first season of the MNP 3 Minute Debt Break podcast wrapping up, we're looking back at a few of our most informative episodes. Subscribe to MNP 3 Minute Debt Break on your favourite streaming service today for more episodes. #DefeatDebt

MNP’s interactive explainer video offers clear, engaging and simple explanations. This self-directed learning opportunity puts the power in your hands, so you can learn on your time, on your terms and in the order that best suits you. #DefeatDebt #DIYDebtSolutions

In many ways facing unmanageable debt on your own is a lot like building a deck, re-wiring a garden shed, or plumbing a new bathroom. Simple, straightforward projects can help build much needed skills and confidence. But taking on more than you can handle can do just the opposite and create an even bigger, costlier problem. #DefeatDebt #DIYdebtsolutions

Thank you for listening to the MNP LTD. 3 Minute Debt Break podcast. We hope the tips, insights, and analysis have helped you stay informed and on top of your finances. Great news, season two is on its way! Haven’t listened to season one yet? Click the link below to catch up and subscribe right now. #DefeatDebt https://mnpdebt.ca//resour/mnp-3-minute-debt-break-podcast

New data show that consumer insolvencies filed in Canada jumped 22.8% in March, the biggest monthly increase in more than 10 years. It's also the largest single month of new filing activity since the onset of the pandemic more than a year ago. #DefeatDebt #MNPcdi

There’s no one-size-fits-all strategy for getting out of debt. The MNP Debt Calculator can create a clearer picture of where to go next, so you can move forward with the confidence you’re heading in the right direction. #DefeatDebt #DIYdebtsolutions

Thank you for listening to the MNP LTD. 3 Minute Debt Break podcast. We hope the tips, insights, and analysis have helped you stay informed and on top of your finances. Great news, season two is on its way! Haven’t listened to season one yet? Click the link below to catch up and subscribe right now. #DefeatDebt

Compound interest can be highly beneficial when you’re investing because every month you can earn additional interest on the interest you earned over the previous months. But it can be debilitating when applied to debts because your lender will charge interest on any interest you haven’t paid over the previous months. #DefeatDebt

There’s no one-size-fits-all strategy for getting out of debt. The MNP Debt Scale dives into your financial situation to understand what’s getting in the way of reaching your short- and long-term goals. Take the quiz today. #DefeatDebt #DIYDebtSolutions

The MNP Debt Calculator is a powerful tool that takes your assets, income and debt obligations into account, and offers potential options to forge ahead with getting rid of debt. Launch yourself toward a financial fresh start with the MNP Debt Calculator. #DefeatDebt #DIYdebtsolutions

Take this quick 14 question survey for you to learn more about your debt health. Based on your answers, we will provide steps you can take to either help you achieve or continue living your debt-free future. #DebtScale #DIYDebtSolutions #DefeatDebt

Now that you’ve been discharged from Bankruptcy / completed your Consumer Proposal and rebuilt your credit, you’re keen to take the next step toward home ownership. You’re saving, you’re budgeting for all the costs involved and you’re nearly ready to put an offer in. But have you factored mortgage default insurance into your calculations? Learn more: #DefeatDebt

Did you know? Every MNP 3 Minute Debt Break episode delivers one key money management tip in less time than it takes to brew yourself a cup of coffee. You can stream our Podcast on several streaming platforms: linktr.ee/MNPDebtPodcast

Find out how a Consumer Proposal can help you eliminate your debt and gain control over your financial future. #DefeatDebt

We remember. #RemembranceDay

We are thrilled to be recognized in the 2020 Canadian Lawyer Readers' Choice Awards five times, including in the category of Trustees in Bankruptcy/Restructuring Services. MNP is proud of the recognition of our dedicated team members, and to support Canadian legal professionals. To learn more, visit:

There’s ample evidence showing post-secondary education can support higher income potential and lifestyle goals that otherwise may not be achievable. As parents, this option may not have been available to us, and consequently want our children to have opportunities we couldn’t enjoy. How can you send kids to school without breaking the bank? Read more: #DefeatDebt

With pent-up demand and low borrowing costs driving demand in the Canadian housing market, first-time homebuyers are looking to get their foot in the (homeownership) door. However, according to BMO's latest release on the housing market, many indicate they will look for help from family to get there. And with COVID as a backdrop, first-time buyers say the pandemic will influence the type of mortgage they choose. Read more:

There’s no one-size-fits-all strategy for getting out of debt. Your goals, financial and family circumstances are unique, and all deserve consideration in determining your best path forward. Check out some of our self-assessment and self-help tools here: www.MNPdebt.ca/DIY

Debt can feel overwhelming, and it can be difficult to keep track of everything. Especially as our lives get busier and we have more distractions grabbing at our attention. But it’s not impossible. Just a few small changes can add up quickly and help you get the upper hand. Following are our top 10 quick tips for getting organized to defeat your debt. #DefeatDebt

A new study says many Canadian entrepreneurs are focused on shoring up their balance sheets after recording a drastic drop in revenues and mounting debt during the first wave of COVID-19. Read more:

To subscribe to our MNP Consumer Debt Index updates, please visit the link below: #MNPcdi

When looking at lending to a self-employed individual, it is no longer enough to see a copy of their tax returns or notices of assessment. Recent court cases have clarified Canada Revenue Agency (CRA) debts, including payroll and GST/HST remittances, are deemed trust debts and these can have a super priority over the lender’s interest in the property. #DefeatDebt

There are lots of ways to celebrate those #seniors who have helped build our country. Being debt free should be one of them #DefeatDebt

By the time you get to my age, you feel like your options have all run out. If you’ve found yourself overcome by debt due to living on a fixed income, MNP can help. Visit www.mnpdebt.ca/lifehappens for more information #LifeHappens

Today is #InternationalPodcastDay and MNP Debt is a proud podcaster. To listen to all our episodes and view other streaming options, please visit: www.mnpdebt.ca/podcast #MNPdebtbreak #Podcasts

The Canada Emergency Response Benefit (CERB) has been a welcome respite for Canadians struggling with the economic fallout of COVID-19. However, with millions of individuals having already maxed out on the benefits and all payments looking to conclude by the end of 2020, households need to consider how they will cope in a post CERB economy. #DefeatDebt #CERB #COVID19 https://mnpdebt.ca//how-you-can-prepare-for-life-after-cerb

It's all about options. Find out what your best option can be. Listen to our latest episode of MNP 3 Minute Debt Break Podcasts here: https://mnpdebt.ca//resources/mnp/your-best-option-podcast

If you’re struggling to maintain minimum monthly debt payments or don’t see yourself ever getting out of debt on your own, you may consider filing a Bankruptcy. It is one option but it’s not the FIRST option a Licensed Insolvency Trustee or LIT will recommend. Nor is it always the best option for dealing with your debt. In fact, Bankruptcy should be your LAST course of action after exhausting other available avenues. Find out more in our latest episode of MNP 3 Minute Debt Break Podcasts: https://mnpdebt.ca//resources/mnp/your-best-option-podcast #DefeatDebt #MNPDebtBreak #Podcasts

The holidays often have a snowball effect: First is the struggle of deciding who to buy for, what to buy and how you’re going to afford it all. Then comes the stress of shopping itself. Finally, there’s the planning for how to deal with the all-too predictable debt. #DefeatDebt

Life Happens. It's true. But never forget, you're not alone. Every day our Licensed Insolvency Trustees work with people who have experienced debt problems in every way imaginable. This is their stories about situations that got out of control leaving clients feeling scared, alone and exhausted. But for every story, there was always a solution, hope, and most importantly, a chance to start over again. #LifeHappens

For every debt problem our clients have faced, there was always a solution, hope, and a chance to start over again. #LifeHappens

Your credit score can influence your ability to access new credit, rent housing, or even qualify for some jobs. But it has no bearing on whether a Licensed Insolvency Trustee will help you or whether you qualify for a Consumer Proposal or Bankruptcy. Learn more:

In a new Ipsos poll commissioned by MNP LTD, four in 10 Canadians (43%) said they or someone in their household are still dealing with COVID-19-related employment disruption in the form of job loss, reduced working hours, or cutbacks in pay. #MNPcdi #CERB #COVID19 Read more:

Should I use a line of credit to pay off my debts? hat’s a good question, and one that might produce some surprising answers. There’s no one size fits all solution to debt. You need to consider all your options before you take out a consolidation loan or max out your line of credit to pay off your debts. You also need to be clear on your short- and long-term financial goals. #DefeatDebt Read more:

Indebted Atlantic Canadians urged to seek professional debt advice before borrowing more to make ends meet. #MNPcdi #COVID19 #CERB

Amidst all the uncertainty the pandemic has caused, one thing is certain: the underlying debt problems faced by Canadians have not gone away." A new IPSOS poll conducted on behalf of MNP LTD. has found that four in 10 (43%) Canadians still experiencing COVID-related disruption to their employment, despite improving jobs figures. Read more here: https://mnpdebt.ca//covid-consumer-debt-nearly-half-of-can

Four in 10 (43%) Canadians still experiencing COVID-related disruption to their employment, despite improving jobs figures. Read more: https://mnpdebt.ca//covid-consumer-debt-nearly-half-of-can #COVID19 #MNPcdi #CERB

Grant Bazian, president of MNP, discusses a survey the insolvency firm commissioned on the impact of the coronavirus pandemic on employment and finances. The polling found 45 per cent of those receiving emergency COVID-19 benefits will use debt to help meet their needs if they were no longer able to receive government assistance. #MNPcdi #CERB #COVID19

Despite the slowing of credit-use by Canadian consumers on some fronts due to the COVID-19 pandemic, overall consumer debt continues to grow - and the main driver is a resurgent mortgages market.

Posthaste: Household debt and insolvencies in Canada are creeping up again after COVID hiatus And it’s likely to get worse before it gets better Read more: