Making your minimum payments on time might seem responsible, when in truth it could come with some costly consequences.

Your financial state is one of the most private and personal aspects of your life, one that is typically only discussed with family members and the closest of friends.

A person is close to bankruptcy and in poor health. How does their death before declaring bankruptcy affect their estate? Can their estate declare bankruptcy? How does their death after declaring bankruptcy affect their estate?

When a person files a Consumer Proposal or bankruptcy, they are required to provide full financial disclosure to the LIT. In fact, the legal documents which summarize their financial position are signed under oath.

As the nation awaits the Bank of Canada’s next announcement on interest rates, Saskatchewan residents’ appetite for cheap credit is being highlighted by a new Ipsos survey conducted on behalf of MNP Debt.

As the nation awaits the Bank of Canada’s next announcement on interest rates, Manitobans’ appetite for cheap credit is being highlighted by a new Ipsos survey conducted on behalf of MNP Debt.

Bankruptcy is a process that allows a debtor to get a fresh financial start. When you file for bankruptcy, you surrender your assets to your bankruptcy trustee. The trustee then turns those assets into cash, and distributes the money to your creditors.

Nearly half (47 per cent) of all homeowners with a mortgage agree in that they’re concerned about their ability to make their mortgage payments when interest rates rise, according to a survey conducted by MNP Debt.

Canada day marks a great time for a mid-year check-up into where you are at surrounding your financial goals for the year.

Sometimes it seems that financial duress can sneak up on you. There are however, certain warning signs that may indicate you are in financial trouble, such as...