Given the current economic downturn in Alberta, it's not surprising to learn that insolvencies are at a significant upturn in the province. MNP's Donna Carson was on hand to speak with the Globe and Mail about the financial distress many in the province are facing.

Considering bankruptcy as a debt solution but wondering what happens to your property across the border? Let’s explore.

Upon filing for bankruptcy, there are a number of duties that you must complete which include paying fees, participation in two debt counseling sessions and submission of monthly income and expense statements.

Managing finances in a romantic partnership can be confusing when partners have different credit ratings.

How do I file (for) bankruptcy? What is the process that I will go through?

How do I file (for) bankruptcy? What is the process that I will go through?

Canadian consumer debt is at an all time high, with more than half of our assets' tied up in real estate.

As the Canadian housing market continues to rise, especially in hot spots like Vancouver and Toronto, many are struggling to keep up with the price of living.

As the New Year settles in and thousands of households across the country shutter themselves in from another great Canadian winter, many find themselves feeling the chill of debt as credit card bills start rolling in from holiday expenditures.

1.if i own a home jointly,what happns if i declare bankruptcy? 2.are income tax arrears forgiven?