The act of co-signing a loan is easy. It can also feel very rewarding since you’re often helping a family member or friend who wants to buy a new car or maybe even a house.

On January 10, 2012, the FCAC issued a consumer alert warning of the pitfalls in dealing with debt reduction companies. Among the things to watch out for are misleading information about getting protection from creditors and protecting your credit rating, claims about having governmental involvement or approval and other false statements.

The Execution Act is the legislation responsible for outlining those assets that cannot be seized by a creditor or a Trustee in Bankruptcy to help pay down debts.

Can I claim bankruptcy on my spouse's credit cards

so if i own two vehicles before i claim for bankruptcy and one cost under 3000 to buy and the other one deos not work(broke down) i will still keep both or no just one of them?

When it comes to post-secondary studies, one of the most valuable lessons you can learn is how to create a comprehensive budget that keeps your debt to a minimum.

MNP LTD Trustee Randy Kobbert was interviewed by The Lethbridge Herald to discuss that Lethbridge isn’t feeling significant impacts from continuing low prices for Alberta crude.

I had claimed bankruptcy years ago and was dischaged in October 2004. I just rescently heard that the length of time for bankruptcy to stay on your credit report has been recently reduced from seven years down to six. Is this true? Thanks, Steve.

The results are in from MNP’s recent Debt Sentiment Survey. In short? Canadians are unsure about their financial futures and rising debt loads.

As one of the largest personal and corporate insolvency practices in Canada, MNP Ltd. is excited to announce our expansion into Newfoundland.