Only a government licensed Trustee in Bankruptcy can file a bankruptcy on your behalf in Canada. As part of this process, your Trustee will first conduct a comprehensive assessment of your financial situation to determine if a bankruptcy is your best option and an appropriate course of action.

The credit card statements are neatly piled on the top of your desk waiting to be paid. All have different payment dates scattered throughout the month and collectively the payments are somewhat manageable but the interest rates are making it nearly impossible to get ahead.

With a continual downturn in the price of oil, a barrage of layoffs and a weakened Canadian dollar, making it from one debt payment to the next has become a significant challenge.

As unemployment continues to increase across the prairies due to a sharp decline in the price of oil, many have found themselves relying on credit to pay for day-to-day expenses as severance pay begins to dwindle and unemployment insurance runs its course. While credit can be a viable solution for handling short-term financial obligations, it can quickly become a costly expense. If you are unable to pay off your credit from one month to the next,...

With thousands of Albertans laid off due to the downturn in the oil and gas industry, it’s no surprise to learn that Alberta is experiencing an all-time high in delinquent loans.

With banks offering consumers a record amount of credit in recent years, Canadian households will face tough times ahead if they aren’t able to reduce their debt loads.

With the holidays around the corner, financially strapped Canadian families are wondering how to make it through without breaking the bank.

My husband and I are seperating. We are still under the same roof at this time but will be going our own ways. If we file together and he does not fulfill the requirements for discharge do we both lose discharge. Would it be better to file on our own, just trying to have only one fee.

Do not assume that bankruptcy or other debt solutions will cause you to lose your home. The decision to seek help for dealing with your debt issues is not easy.

It’s hard to believe it’s that time of the year again. Income tax time. Hopefully you were able to budget for your instalments last year in the correct amount, or your employer took the right amount of taxes from your pay. But what if we miscalculated?