As always, every situation is different and whether or not you are carrying too much debt depends on a number of variables in your individual circumstance. What may be too much of a financial burden for you, may be completely manageable for someone else.

Trying to maneuver through unmanageable debt can be exhausting and overwhelming. Even more so if you are trying to navigate your finances from a secondary location.

My boyfriend and I are from B.C. We have moved to Alberta a year ago. We have debts we cannot pay. Bank loan and credit cards. The Bank loan wants to sue my boyfriend. We are commonlaw.We have no idea what to do or how to go about it. Can you help me

How can I get out of debt? Pls any advice would be appreciated.

As the national economy continues to waiver and unemployment grips several provinces, the realities of mounting debt are all too real for thousands of Canadian households.

With the Bank of Canada holding interest rates steady at 0.5 per cent, Canadians are on a credit spending binge despite a continued slump in the national economy.

Every business is going to face challenging times, it is an unfortunate fact of life. The following discussion provides a general overview of issues to consider and list of options which may be available to you if you are trying to navigate through corporate recovery.

Norman and Lena, otherwise well-set for early retirement, would be wise to get a better handle on spending.

If we told you that many Canadians are struggling with overwhelming debt, would you be surprised?

Ian Schofield, Senior Vice President of MNP LTD's Insolvency and Corporate Recovery practice based in Regina recently accepted the 2016 Regina Consumer’s Choice Award on behalf of MNP Ltd.