Lending money to family or friends can be complicated. While it’s natural to want to do what you can to offer support when it’s needed, there’s always that question of what happens if the debt is not repaid.

Recent studies indicate that Canadian debt levels are rising across the country. In fact, research has shown that at one point or other, up to half of all workers experience stress associated with financial problems and that stress can affect their health, family life and job performance.

With increased unemployment spreading throughout the prairies and B.C, many are struggling to keep up with day-to-day expenses and find themselves more reliant on credit than they would like to be.

We'll review the various bankruptcy alternatives that are available in helping you manage your debt. These include a loan consolidation, an informal proposal or a formal consumer proposal.

Now that the changes relating to Student Loans, RRSPs and the Wage Earner Protection Act have been proclaimed, it might be appropriate to consider what other changes might be coming.

Need information about claimimg bankruptcy!!!

How can a creditor garnish my wages and does bankruptcy stop a garnishment?

How is the garage sale value of the furniture figured out? I mean, how is it decided what my couch and tv are worth? Do I just give an estimated figure or does someone come out to my apartment and take a look around at what I have?

It’s the middle of winter and the weather has been miserable for what seems like forever. Sandy beaches and warm coastal waters are beckoning. Better yet, there are deals galore available for sunny destinations.

I am living common-law with a person who is bankrupt and pays surplus income amounts each month. I am not bankrupt. Does the bankrupt also have to include EI payments I receive and/or my student loan or MPI rebate cheque as part of his income?