As the price of oil continues to affect households throughout Alberta and Saskatchewan, many are falling behind and finding themselves unable to keep up with the day-to-day cost of living, let alone staying on top of their debt obligations.

Exempt Assets in Alberta - How does the Bankruptcy Process Work?

As always, every situation is different and whether or not you are carrying too much debt depends on a number of variables in your individual circumstance. What may be too much of a financial burden for you, may be completely manageable for someone else.

If I declare bankruptcy, what can they take of my husbands. My name is not on the home, the only thing we own jointly is a piece of property in another province at a value of $8000.00 I am going bankrupt, but need this question answered before scheduling an appointment. Thank you,

Trying to maneuver through unmanageable debt can be exhausting and overwhelming. Even more so if you are trying to navigate your finances from a secondary location.

My boyfriend and I are from B.C. We have moved to Alberta a year ago. We have debts we cannot pay. Bank loan and credit cards. The Bank loan wants to sue my boyfriend. We are commonlaw.We have no idea what to do or how to go about it. Can you help me

Will my citizenship be affected? What about family members? What if I am sponsoring them?

How can I get out of debt? Pls any advice would be appreciated.

I’ve been bankrupt before – if I need to file for bankruptcy again, how long will I be in bankruptcy?