MNP LTD Trustee Ian Schofield was interviewed by CTV News Regina to discuss the increase in insolvencies in Saskatchewan. Throughout the interview, Schofield highlights the fact that Saskatchewan is at its highest level of insolvency filings in four years.

Can income taxes owing to the Canada Revenue Agency be included in a bankruptcy?

What happens to income tax debt in bankruptcy?

If I file for bankruptcy, can I keep my car?

If I file a consumer proposal how long will I have to make payments?

Relying on credit to carry you through times of underemployment? Careful! Debt can be more costly than you think!

With a wavering Canadian economy and unemployment continuing to roll through several Canadian provinces, thousands of households have found themselves struggling to make it from one financial obligation to the next.

Low interest rates and readily available credit have caught a lot of consumers in the trap of the ‘have now pay later’ trend. In fact, Canadian consumers are already spending 163% of their income.

As the Canadian economy continues to struggle and the cost of living continues to soar, many Canadians are struggling to keep up with the costs of day-to-day living, let alone manage debt or save for the future. Sound familiar?

Spend too much during stampede? No room for your annual vacation? Here are some Calgary debt consolidation options and spending tips.