Bankruptcy

Bankruptcy is a legal process designed to provide people overwhelmed with debt a chance to reset their financial standing. This relief comes at a cost, though, as it can require people to surrender their assets. However, there are important exemptions that can make...

If you are struggling with debt, a day probably never goes by when you are not thinking about your financial challenges. If you are considering bankruptcy to help you manage your financial situation and have your unsecured debts wiped away, there are some significant...

The answer to the question in the headline, perhaps frustratingly, is maybe. Filing for bankruptcy can provide incredible relief to some consumers struggling with debt, but it is not the right solution for everyone. If you are wondering whether you should file for...

Carrying debt is stressful, but most Canadians have at least some financial obligation. It could be from a mortgage or credit card bills or student loans, but whatever type of debt you might have, you could be struggling to pay it down. Too often, people in this...