There seems to be much confusion in the minds of many people as to the difference between personal and business bankruptcy.

Here is an article - with some interesting discussion in the comments - about a young graduate who wants to know if he should invest or pay of his student loan debt.

hi there i was wanting to find out some information about these areas cause i'm currently in debt where i'm having problems paying off outstanding bills that i have and was wanting to find out is there anyway i can put them all in one bill and pay a monthly payment to pay them off?

I am currently in bankruptcy and had my cell phone stolen, but am still on contract with the company,can i get another cell phone with them without them checking my credit or will I be out of luck in getting a new cell phone and have to suck up the bill until the contract runs out?

Can I operate a small home business after declaring bankruptcy?

If I file for bankruptcy will I lose my GST and Child Tax Benefits?

When getting into business you want to ensure your personal assets are not put at risk in the event the business fails.

Where an individual has been bankrupt in the previous decade, and currently is under a significant debt load again, can he file for a second bankruptcy? If so, will monies owed to Canada Revenue Agency be written off or does income tax debt survive a 2nd bankruptcy?

Certain amendments to legislation in Alberta received Royal Assent and are to be coming in to force effective April 1, 2014. One of these changes will be that RESPs (“registered education savings plans”) will be exempt.

I understand that it takes 7 years for a bankruptcy to clear from a credit bureau. Is that 7 years from the date of discharge or 7 years from the initial filing date of the bankruptcy?