Monthly Archives: March 2011

The concept behind personal bankruptcy in Canada is this: you assign (surrender) everything you own – except properties listed as bankruptcy exemptions (explained below) – to a trustee in bankruptcy in exchange for the elimination of your unsecured debts. Bankruptcy Exemptions Basics When it comes to bankruptcy exemptions, the rules… Read more

Most of us dream of owning a home. We save for a down payment and buy our home, but what can we do if something goes wrong and we get behind on mortgage payments? If you fall too far behind your mortgage lender will eventually foreclose on your home in… Read more

If you need to make a purchase anyway (such as weekly groceries), using a payment option that gives you some form of reward points or loyalty program makes sense. For example, if every time you use your credit card, you can get points towards seeing a movie at a theater… Read more