As we begin the month of February and bills from the holiday season have arrived, it's probably difficult to make planning and budgeting for the future a priority.

In case you haven’t heard, Canadian household debt-to-income levels have reached the record levels seen in the U.S. prior to the housing collapse.

Congratulations on taking the first step towards addressing your debt head on and working towards a fresh financial start!

Several significant changes to the Act come into effect in September affecting the amount bankrupts may have to pay as surplus income and/ or the amount of time they have to remain in bankruptcy.

Some comments on the changes that will occur in Consumer Proposals and Division One proposals as of September 18 2009

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

In today's economic climate, with employment on shaky ground and an ever-increasing cost-of-living, many households have turned to credit in times of need to get them through financial binds.

Making your minimum payments on time might seem responsible, when in truth it could come with some costly consequences.

Your financial state is one of the most private and personal aspects of your life, one that is typically only discussed with family members and the closest of friends.

Will the changes affect prior bankruptcies? Will I be able to go back to court after seven years, even though my bankruptcy was in 2004? TY