Tag Archives: canada bankruptcy

Bankruptcy Filings Set to Rise in Canada

Canadians are facing a projected increase in personal bankruptcies in 2012. Experts say this is due to an increase in lower paying jobs that just won’t allow people to make ends meet on those wages. Benjamin Tal of CIBC World Markets said, “Note that in recent years, the number of proposals … has risen dramatically, [...]

We Are Drowning in Debt And Can’t Take Another Collection Call. – Shannon

“Dear Steve, We are drowning in debt. Our son needed braces, our house needed repairs, our credit cards and loans are out of control. We have recently refinanced our house. My husband is facing a layoff in the next couple months. We are having difficulty making the monthly minimum payments. Our debt including our mortgage [...]