Debt problems can strain relationships and cause stress for the entire family. If your spouse has met with a Licensed Insolvency Trustee and is (or is considering) filing a Bankruptcy, the impact on you will depend on the extent of your joint debt.

The COVID-19 pandemic has introduced a seemingly endless list of one in a generation and once in a lifetime challenges. First came the worst virus in more than a century, followed quickly by mass layoffs and business closures. Now we’re facing a global supply chain crisis and the largest spike in inflation rates in nearly 20 years.

As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Canadian households stretched thin by the rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging year ahead. More than half (55%) of Canadians are concerned about the impact of rising interest rates on their financial situation, a three-point increase from September, according to a recent poll conducted...

According to separate surveys conducted in Canada and the United States, discussing the topic of personal debt was ranked by some participants as a bigger taboo than topics like politics, religion, and marital problems.

Family Day is a nice break from other annual holidays that come pre-packaged with set traditions, expectations, and the ever-present commercialization that drives many of us to overspend. You have a blank slate to create your own schedule, activities, and memories that will last a lifetime.

As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many British Columbia households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging year ahead. Compared to the other provinces, British Columbians are the most likely to be concerned about the impact of rising interest rates on their financial situation, increasing a significant...

As the country inches closer to the Bank of Canada’s next interest rate announcement on March 2, 2022, many Alberta households stretched thin by rising costs of living over the COVID-19 pandemic will be bracing for a potentially challenging year ahead. Six in 10 Albertans (60%, unchanged from September) are concerned about the impact of rising interest rates on their financial situation, according to a recent poll conducted by Ipsos on behalf...

The enduring financial impacts of COVID-19 coupled with the pressures of rising interest rates and a higher cost of living are weighing down Canadians’ confidence in their personal finances, according to the MNP Consumer Debt Index which is conducted quarterly by Ipsos on behalf of MNP LTD.

Just like introducing the alphabet and numbers, it’s important for parents to have clear, accessible conversations around money, and healthy habits around finances.

The following questions will help you determine whether your loans may be eligible for discharge in an insolvency proceeding. And, if they aren’t, how you can still get the financial relief you deserve.