You will be considered free or discharged from your debts once you have completed the entire process.

Frustrated and overwhelmed with debt? Given today’s difficult economic climate, you’re not alone. The good news is, bankruptcy is not your only option.

It can be extremely daunting and frustrating when you are trying to pay down debt. Especially as you watch your balance decrease when a payment is made, only to see it go up again with interest charges, service fees, loan insurance premiums or even as you withdraw money to cover what seems to be an ever increasing cost of living.

As unemployment continues to grip many Canadians largely due to struggling crude oil prices, it probably doesn’t come as a surprise to learn many have found themselves relying on credit to make it from one financial obligation to next.

I have a vehicle that is behind in payments and is my only means of getting to and from work. It is valued now at 7900. will i have to give it back to the bank? I owe close to 19000 on it

Deciding who to contact for help with your debt problems should be based on your desired personal experience when working with a debt advisor.

The purpose of this article is to give you some idea of what your rights are in a bankruptcy when you are a creditor and aren’t satisfied with some aspect of the process.

A description of the information you should bring to the initial meeting with a Trustee to review your options.

Credit cards have seemingly become a staple to today’s consumer. Many credit card companies offer points or rewards systems as an incentive to sign up. Major credit cards are accepted by nearly every retail outlet, restaurant, service provider and online product or services provider.

“Talk With Our Kids About Money Day”, held on Wednesday April 15, is an important day to call attention to and an opportunity to talk with our kids and youth about money.