The Bank of Canada has raised interest rates five times since July 2017 after going nearly a decade without an increase.

One of the worst parts of having debt problems is dealing with the multiple phone calls from creditors and collection agencies looking for payment.

Despite the Bank of Canada stating it will keep interest rates stable until next year, nearly half (48%) of British Columbians say they are more concerned about their ability to repay debts than they used to be.

The number of consumer insolvencies per thousand residents in Calgary, aged 18 years or above, hit 4.3 in 2018 – the highest level since 1997 when it sat at 4.8.

Part of deciding whether a Bankruptcy or Consumer Proposal is right for you is knowing what kinds of debts can be included and will be discharged when the process is successfully completed.

Financial troubles rarely pop out of nowhere. If you look carefully, you’ll often see warning signs of danger ahead.

Part of deciding whether a Bankruptcy or Consumer Proposal is right for you is knowing what kinds of debts can be included and will be discharged when the process is successfully completed. While we won't cover every single debt here, the following list does include ones we're commonly asked about. We hope it will help you make an informed decision about your best path toward a financial fresh start.

Are you experiencing serious financial issues but hesitant to meet with a Licensed Insolvency Trustee? Your reluctance is normal and completely understandable — especially if you've turned to the internet for answers about Bankruptcy, only to find confusing or outdated misconceptions. Bankruptcy isn't right for everyone. But part of a trustee's job is to dispel the myths and arm you with the information you need to decide whether it's right...

The collective pressures of increased interest rates, an uptick in consumer debt over the holidays, a stagnating economy and persistently high cost of living are making it difficult for Canadians to repay their debts.

Trying to pay your down debt but feel like there’s no wiggle room? Here’s a few tips to free up some funds and get you back on track.