Canada Mortgage and Housing Corp (CMHC) announced that it is cutting some types of mortgages that they will insure.

Does a claim by Saskatchewan Government Insurance survive a bankruptcy?

Many people struggling from debt issues are afraid to answer the phone or open their mail. As debt issues get worse, the contact with creditors can become more frequent and more demanding.

Are criminal fines written off in a bankruptcy or proposal?

Can I get help with 1 credit card that is over-limit?

The Financial Consumer Agency of Canada released an article warning the public against some practices within the field of debt reduction. After reading the article, I thought it important to expand on the topic; specifically on how it relates to the field of insolvency, since the two areas are tied together.

How long after a bankruptcy do I have to wait to be a director of a corporation, non-profit or otherwise?

I have been spending beyond my means, I have a good job, but I can't keep up with my payments. My friend told me I can not go bankrupt because I make to much money, is this true? I make close to 40,000 but I owe about the same with credit cards and car payments.

And what about any other types of investments? Assets?

Canada is a welcoming place. People from around the world have been choosing to immigrate here for generations and have, in return for new opportunities, given back more than could have been expected. Our society is richer for their presence.