If you’re planning on moving out for the first time, you’re likely experiencing a flood of emotions.

Today the Ontario government announced plans to impose regulations on debt settlement companies who advertise the ability to reduce the debts of consumers by up to 70% of more.

Canadians underestimate debt-to-income balance. February 23, 2015, Calgary, AB — Almost of fifth of Ontario residents owe more than they own or earn, making them technically insolvent and at risk of bankruptcy, according to a new survey by Ipsos Reid.

A new survey conducted by Ipsos Reid on behalf of MNP Ltd. reveals that a sizable portion of Canadians are willing to take on more debt due to the Bank of Canada’s key interest rate cut announcement.

November is Financial Literacy Month in Canada; the time for Canadians to enhance their financial know-how. The Lethbridge Herald talked to MNP Ltd. Personal Bankruptcy Trustee, Randy Kobbert, about what people can do to sharpen their money and debt management skills.

I filed bankruptcy and was not discharged due to money I still owed and was unable to pay the amount they wanted per month, the trustee closed my file cause the amount was court ordered and would not take smaller payments. What do I do now?

It may not buy happiness, but there are few situations more stressful than not having money when you need it.

no job, no assets $20,000 debt

In the past year I have lost all my assets due to divorce and lost income and investments due to job loss. At this point I am unemployed and with EI income lower than payments I have to make. Is bankruptcy the only option I have?

According to a recent Ipsos poll conducted by MNP LTD., Ontarians are increasingly worried about their ability to repay their debts.