Finally we’re through the holiday season! But now it’s time for the bills to start rolling in. How nervous are you?

We are approaching the end of April and with that, the deadline for filing your 2016 income taxes. It is a safe assumption that some percentage of the 36 million or so Canadians will owe money to the federal government after filing and will either not be able to pay their 2016 taxes, still owe money from prior years – or both.

I want to know about bankruptcy and what happens with my credit if i do this. Do i also make payments if i do this?

Consumer proposals and bankruptcies are both government legislated options which can provide you with relief from significant debt problems.

Learn how a secured credit card can help rebuild your credit rating after being discharged from a bankruptcy.

MNP’s recent Consumer Debt Sentiment Survey has revealed some startling statistics for people living in Manitoba and Saskatchewan.

Most baby boomers have not saved enough for retirement - nowhere close in fact

Filing for bankruptcy can be daunting. Many people fear they will lose absolutely everything. The good news is, that’s not the case. When you file for bankruptcy, some of your assets are protected from being seized by the creditors.

Do have to give everything up or can I keep anything?

While many Canucks often fly south for the winter season, more and more are opting for more creative getaways in hopes of holding on to their dollars - and avoiding hefty credit card bills.