With debt-to-disposable-income ratios higher than ever and non-mortgage consumer debt consistently above $20,000, it’s long been suspected Canadian consumer debt was unsustainable.

Is it possible to submit a consumer proposal if I've never missed a payment, but will soon have too? I have $46000 in debt and $3050/mo income.

Jill is a 40-year-old Canadian who moved to Australia in 2011 to resume a new life and a new career.

Beginning in January 2018, the Office of the Superintendent of Financial Institutions (OSFI) has prescribed new mortgage rules for Canadian homebuyers.

For a family struggling financially, this can be a difficult time of year as these expenses accumulate rapidly and the family often feels obliged to incur these expenses as a matter of meeting societal expectation.

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

According to a recent Ipsos poll conducted by MNP LTD., the increased cost of borrowing due to rising interest rates is causing many Albertans to re-evaluate their relationship with debt.

Whether you know it or not, you may be going through a mid-life crisis. It usually crops up around the age of 35 to 40 because of many things, but family changes and debt accumulation can be the most problematic.

Individuals (and corporations) may find themselves in financial difficulty and Canada Revenue Agency (CRA) may be a creditor, possibly the largest creditor. This blog post will look at whether, and how, those debts can be included in a filing under the Bankruptcy and Insolvency Act.

Hi I want to have personal Brankruptcy i have no money if I have bankruptcy how much will cost and who will pay?