2025-10-17
How buyer’s remorse laws can help you stay out of debt
This is called buyer’s remorse. In some cases, Canadian law provides protections that can help you reverse these costly decisions and avoid sinking further into debt.
2010-03-15
When you file for bankruptcy in Alberta, you are allowed to keep 1 personal vehicle with equity of up to $5,000. s the truck have a lien against it? If so, it would be returned to that lender. Any shortfall when they sell it would be included in your bankruptcy. With respect to the car you want to keep.....if there's no loan against it, you're allowed a $5,000 vehicle. If there is a loan, it's $5,000 equity, but you have to keep making the payments in order to keep it. The credit card debt would be dealt with in your bankruptcy. Donna Carson, CGA, CIRP, Trustee Calgary and Central Alberta regions 1.877.500.0792 [email protected]
2025-10-17
This is called buyer’s remorse. In some cases, Canadian law provides protections that can help you reverse these costly decisions and avoid sinking further into debt.
2025-10-13
Debt Solutions Lifestyle Debt
When relationships end, shared debt can become a lasting burden. Here’s what to know about your responsibilities, risks, and financial options.
2025-10-06
MNP Consumer Debt Index
Ontarians’ financial vulnerability is intensifying as persistent economic uncertainty, concerns about borrowing costs, and employment anxiety weigh on household confidence.