As Canadians struggle in a weakened economy, thousands are starting to bend under the weight of trying to make it from one financial obligation to the next. And what are we relying on to get us through the day-to-day expenses? Debt.

The data is in, but it’s not necessarily surprising. Insolvencies are on the rise as many Canadians grapple with the burden of unmanageable debt.

I haven’t filed for bankruptcy, and my creditors are harassing me. What can I do?

It is said that the only an egg is better when it is broken. When a material financial crisis results in a company being broken, its ongoing viability needs to be immediately assessed to determine if the business is insolvent.

Our parent’s generation might seem disconnected from modern times, but when it comes to budgeting – Dad often knows best!

MNP’s Consumer Debt Sentiment survey shows more than half of Albertans are barely making ends meet, with many having to rely on credit to make it from one payment to the next.

Young professionals today are struggling to navigate through multiple financial challenges. Many are carrying significant student loans, dealing with an inflated housing market, trying to keep up with an ever increasing cost of living and for some, also dealing with the financial costs of being a part of the sandwich generation - where they find themselves responsible for bringing up their own children while also financing the care of ageing parents....

If I file for bankrtupcy, can I keep some of my credit cards?

Whatever your reasons, if you're looking to take your career in a new direction - the most important thing you can establish for yourself and your loved ones, is a strong financial plan.

You know the phrase 'things just aren't the way they used to be'? That's never been more true than today. Just a few decades ago, having a good education, settling into a fruitful career, buying a house, raising a family and looking forward to an enjoyable, relaxing retirement were all completely realistic dreams and expectations. Today? Well, today's a little different.