The Ontario Ministry of Consumer Services has recently issued an alert warning consumers to exercise caution when considering a contract for services being marketed as “debt settlement”, “debt management”, “debt reduction” or “debt consolidation”.

High consolidation loan against car - what happens in a bankruptcy? - "seize or sue" options that the lender has

A survey conducted by Pollara for BMO revealed that Canadian holiday spending plans in 2013 were up for the third straight year, with anticipated average spending on travel increasing 22% to $689, while average gift-buying went up only slightly, to $678 from $674.

To keep yourself on track for a good financial start to 2016, try creating a detailed budget before you leave your house. Having a plan in hand will help you check things off your list – rather than adding to it!

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.

MNP LTD Trustee Judy Scott was interviewed by The Province to discuss post-holiday debt.

I would like to buy a car for $5000.00 dollars. Will it be taken from due to bankrupcy?

Buy Nothing Day: It’s been described as a movement, a means for people to reclaim control over rampant consumerism, an exercise in financial discipline, a protest.

If I just leave the country for a certain amount of time will all my debts (credit cards, loans, 6 years of unpaid income tax, etc.) just "0" out? If the answer is "no" would I have a problem getting into another country with a fresh bankruptcy on my record?

If I have been discharged from bankruptcy will my bankruptcy affect my ability to be bonded for a job?