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How to include student loans in a Bankruptcy or Consumer Proposal

Student loan debt has become a significant cause of financial burden on many post-secondary students in Canada. As the cost of education continues to rise, many students leave university or college carrying the burden of debt and the repayment process.

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Albertans’ concern about ability to pay debt reaches all-time high amidst rising rates and affordability struggles

Amid rising interest rates moving upwards and a challenging cost of living for households, the proportion of Albertans who are concerned about their ability to pay their debts has reached an all-time high.

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Number of British Columbians who are $200 away from being unable to pay their bills spikes amidst rising rates and affordability struggles

With rising interest rates and the cost of living remaining a challenge for B.C. households, the proportion who report being close to insolvency has spiked.

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Prince Edward Islanders regret about debt soars amidst rising rates and affordability struggles

With rising interest rates and high borrowing costs remaining a challenge for households, Atlantic Canadians are feeling more pessimistic about their debt than any other province, according to the latest MNP Consumer Debt Index.

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Number of insolvent Ontarians who are unable to cover their bills and debt obligations reaches an all-time high

Amid rising interest rates and a challenging cost of living, the proportion of Ontarians who report being insolvent has reached an all-time high, according to the latest MNP Consumer Debt Index.

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Tis the season for saving — Budgeting for a winter getaway

Affordable holiday tips: whether it's your 100th trip or a winter getaway, here's how to budget for it.

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New Brunswickers regret about debt soars amidst rising rates and affordability struggles

With rising interest rates and high borrowing costs remaining a challenge for households, Atlantic Canadians are feeling more pessimistic about their debt than any other province, according to the latest MNP Consumer Debt Index.

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What are the pros and cons of a Consumer Proposal?

Let’s review what a Consumer Proposal is, as well as the pros and cons of filing a Proposal, to help you determine if it’s the right solution for your unique situation.

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Is there a stigma to Bankruptcy?

Let’s explore some of the stigmas around Bankruptcy, why you shouldn’t be afraid of this process, and how a Licensed Insolvency Trustee (LIT) can help you on your journey toward a debt-free future.

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