2025-07-24
Five ways to spend your 2024 personal income tax refund 2025
Whether you're planning ahead or paying down debt, we have five tips to help you turn your refund into financial momentum.
2014-03-14
Many people struggling from debt issues are afraid to answer the phone or open their mail. As debt issues get worse, the contact with creditors can become more frequent and more demanding. This is especially true if your debt has been transferred to a collection agency. The Ministry of Consumer Services outlines some useful information regarding collection agencies and debt collection for consumers. Here's what you need to know:
A collection agency can contact family and friends to enquire about your address or telephone number if they have been unable to reach you. Ignoring telephone calls and letters may lead the creditor to seek other ways to reach you as they attempt to collect your debt.
To get a creditor to stop calling you, you need to make a mutually agreeable payment arrangement. Once an agreement has been reached, be careful not to default on any of the scheduled payments or you could be subject to legal action. If you have multiple accounts in collection, you must make separate agreements with each agency.
If you cannot afford to pay your debt, it's time to contact MNP to discuss your options. We can help you negotiate a plan with your creditors based on what you can afford to pay each month. To put an end to harassing phone calls and debt stress, contact MNP today.
2025-07-24
Whether you're planning ahead or paying down debt, we have five tips to help you turn your refund into financial momentum.
2025-07-23
Lifestyle Debt Alternatives to Bankruptcy
We’re here to answer your questions about whether you will be able to keep your vehicle if you choose Bankruptcy or a Consumer Proposal to work towards achieving a debt-free future.
2025-07-14
MNP Consumer Debt Index
Nearly half of Albertans (47%, +2 pts) report they are $200 or less away from financial insolvency each month — more than those in any other province — according to the latest MNP Consumer Debt Index.