I have a partnership company with a debt of 5,000.00 and alot of other debt's. I need to know if i can claim bankruptsy and how.

While it can be tempting to solve a short-term cash problem with long-term savings, cashing in your RRSPs to pay down debt should be a last resort.

A recent poll conducted by Ipsos on behalf of MNP LTD reveals 45% of Canadians say their financial situation is the worst around the holidays.

I understand that my student loans cannot be discharged in bankruptcy or a proposal. What happens to my student loans during the process?

The following changes are now in force as of July 7, 2008.

For many Canadians, their retirement years are supposed to represent their golden years where they can enjoy the fruits of a lifetime of work and labour.

If you listen carefully, you can already hear the subtle sound of sleigh bells off in the distance – just above the cheerful voices of tellers upselling stocking stuffers at the till.

As fall breezes in, our thoughts start to focus on upcoming winter events and plans.

Imagine you are pulling into your driveway with your older but reliable car. It’s served you well without the slightest hint of trouble. You’ve never thought of replacing it.

If I declare a personal bankruptcy, can I remain as a director or a shareholder of a corporation before being discharged?