You’re at a dealership shopping for a used car. You’d hoped to pay cash, however nothing in your price range suits your needs.

Is it possible to submit a consumer proposal if I've never missed a payment, but will soon have too? I have $46000 in debt and $3050/mo income.

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

Have you ever wondered who can help if you find yourself overwhelmed with debt? There are many organizations who offer services such as debt consolidation, debt settlement plans, interest reduction and debt forgiveness. There are also other methods of getting a debt problem firmly under control.

For a family struggling financially, this can be a difficult time of year as these expenses accumulate rapidly and the family often feels obliged to incur these expenses as a matter of meeting societal expectation.

According to a recent Ipsos poll conducted by MNP LTD., Albertans are increasingly worried about their ability to repay their debts.

LETHBRIDGE - While many Canadians may be tempted to borrow more after the Bank of Canada’s recent cut to interest rates, local Personal Bankruptcy Trustees are strongly advising people not to.

An exempt asset is defined under the laws of each province. Exempt assets are retained by the owner in the event of a bankruptcy and not accessible by that individual’s creditors.

Planning for the holiday season should start as early as possible so you can avoid unplanned spending and the unwanted stress that comes with post-holiday debt.

Whether you’ve been searching on the internet, seen a print ad or heard a radio ad for debt relief or debt consolidation, you may have noticed the words ‘government-approved debt relief programs’. But what does this mean?