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What do I do if I filed for bankruptcy and failed to complete my obligations 6 years ago? do I have to file another bankruptcy or can I continue with the first?
Are you finding it hard to stay financially afloat? Do you feel overwhelmed or like you are drowning in debt? High interest rates, expensive housing costs, unexpected expenses and the increasing price of day-to-day items can easily contribute to putting you in a position where you can no longer make ends meet.
November is Financial Literacy Month in Canada; the time for Canadians to enhance their financial know-how. The Lethbridge Herald talked to MNP Ltd. Personal Bankruptcy Trustee, Randy Kobbert, about what people can do to sharpen their money and debt management skills.
One In Five Ontario Residents Are Technically Insolvent
02/03/2015
Grant Bazian
MNP Consumer Debt Index
Canadians underestimate debt-to-income balance. February 23, 2015, Calgary, AB — Almost of fifth of Ontario residents owe more than they own or earn, making them technically insolvent and at risk of bankruptcy, according to a new survey by Ipsos Reid.
Today the Ontario government announced plans to impose regulations on debt settlement companies who advertise the ability to reduce the debts of consumers by up to 70% of more.
Top 5 Signs Of A Debt Management Scam
14/01/2015
Michelle Scheller
Lifestyle Debt
Debt settlement companies have been growing quickly in Canada. They advertise credit counselling, debt settlement, debt relief, debt consolidation and debt management.
Top 10 Things People Forget When Making A Household Budget
11/07/2017
Lifestyle Debt
Creating a detailed budget is the first step to getting your finances in order. But don’t’ forget these 10 overlooked expenses.
The Top 5 Categories Of Family Debt – Part 2
02/02/2015
Lifestyle Debt
This is the second entry in a two-part blog series on family debt categories. Part 1 discussed becoming a loan guarantor in general, as well as becoming a guarantor for a spouse’s business loans. Here are three other primary categories of family debt
The Top 5 Categories Of Family Debt – Part 1
26/01/2015
Lifestyle Debt
One of the most heartbreaking aspects of debt we see is the breakup of family relationships when a guarantor is called upon to pay a family debt. T
The Pros And Cons Of Bankruptcy
18/03/2015
Bradley Milne
Bankruptcy
If you have severe debt problems, filing for bankruptcy may be an option. However, it is a decision that should not be taken lightly. Consider some of the following pros and cons of filing for bankruptcy:
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