If you’re struggling with rising debt, at some point you may have thought about filing for bankruptcy. Before you do, here are five key questions you should ask yourself.

A Consumer Proposal is an alternative to declaring personal bankruptcy. It’s an arrangement that’s negotiated with your creditors through a Licensed Bankruptcy Trustee.

Debt is often caused by life circumstances such as a job loss or a divorce, or simply by spending beyond your means.

Growing up in a day and age of plastic credit cards can make the concept of money even harder to grasp for a child in today’s world.

Wondering if you’re debt load is putting you in a precarious situation? Let’s take a look at the numbers.

As Canadians are struggling with a weakened economy and a consistently increasing cost of living, it's no surprise to learn that many are relying on credit in efforts of trying to stay ahead of monthly financial obligations. Taking it one step further, many are going so far as to take out credit, using equity in their homes as leverage. While credit can be a great solution for managing short-term necessities, long-term credit dependency could lead...

Given today’s economic situation, it’s no surprise to learn thousands of Canadian households are struggling and relying on credit to carry them through in a financial pinch. While credit can be an incredible tool, credit reliance can quickly spin out of control.

While some of those challenges may seem far in the distance, they will be on your doorstep sooner than you think.

Top search engine Google, has just taken a landmark stance against payday loans lenders, who offer short term loans at extremely high interest rates – often putting consumers at great risk for unmanageable debt as they struggle to pay off loans and interest, only to have to borrow again after having to account for the significant financial hit. All too often, those in the greatest need of debt solutions and financial advice, are those who fall victim...

It can be extremely daunting and frustrating when you are trying to pay down debt. Especially as you watch your balance decrease when a payment is made, only to see it go up again with interest charges, service fees, loan insurance premiums or even as you withdraw money to cover bills and costs of living.