Understand your rights and options when facing creditor actions in Canada. Learn about different types of creditor actions, including collection calls, wage garnishments, and legal proceedings. Discover how to respond to calls from creditors effectively and with less stress. Get information on the legal limits of what creditors can do to collect debts. Understand the concept of the statute of limitations on debts and how it affects how long creditors can sue. Learn about the automatic stay of proceedings provided by bankruptcy and consumer proposals. This section equips you with the essential knowledge to protect your rights and navigate creditor actions confidently while seeking appropriate debt relief solutions.
Quick Guide Links: Read essential information at a glance on two of the most common collection actions: how to stop a wage garnishment and how to stop collection calls for good.
Feeling pressured by creditors? Don’t face them alone. Contact Hoyes Michalos for a free consultation. Our Licensed Insolvency Trustees can explain your rights and help you find relief from creditor actions.
Will filing for bankruptcy help stop a mortgage foreclosure? Can I keep my home? What are my options if I cannot afford my mortgage payments? Find out with our comprehensive guide to foreclosures and bankruptcy.
Category: Creditor Actions
Threatening an involuntary bankruptcy can be a very intimidating tactic that collection agents use against debtors. Want to know if this actually applies to you? Doug Hoyes explains.
Category: Creditor Actions
A right of offset is when you have unpaid debt, and your lender seizes money directly from your bank account. Learn about who can exercise this legal proceeding, when it can occur, and what you can do about it.
Category: Creditor Actions
Has a debt collection agent called, and left you confused about what your rights were in the situation? This guide explains Ontario’s debt collection laws and how to deal with these agencies.
Category: Creditor Actions
Are you feeling pressure because you have unpaid debts to the CRA? In this guide we’ll explain various CRA collection methods and how insolvency works to stop the CRA and clear your tax debts.
Category: Creditor Actions
Has there been a real estate writ issued against you? Find out what you need to know about writs, from how it affects your bankruptcy or consumer proposal and how to remove a writ after discharge.
Category: Creditor Actions
If you are filing for a consumer proposal or bankruptcy, should you keep your expensive vehicle loan? Find out if it’s in your best interest to voluntarily surrender your vehicle as part of your insolvency.
Category: Creditor Actions
Your lender can repossess your car if you are not making your payments on time. Learn about what a vehicle repossession means for you and your debts, options to keep your car or handle the remaining debt.
Category: Creditor Actions
Blog Post Updated October 2020: Find out more about Canada’s Response Benefits, and if these payments can be garnished.
Category: Creditor Actions
Will bankruptcy deal with past due rent? Ted Michalos explains more about rent arrears in an insolvency and whether you can effectively stop an eviction by filing a bankruptcy or proposal in Canada.
Category: Creditor Actions
Has the Canada Revenue Agency issued a legal notice to you called a Requirement to Pay? Find out what to do if this happens to you and what you need to know as the taxpayer.
Category: Creditor Actions
Are you worried a collection agency will act on their threat and sue you? Doug Hoyes explores how debt collectors obtain files, when they can take you to court and what to do if you have a judgement against you.
Category: Creditor Actions
Has one of your creditors frozen your bank account? Find out who can use this form of collection, how to clear your frozen account and answers to other common questions you may have about this legal action.
Category: Creditor Actions
Has a collector threatened you with wage garnishment, and you’re unsure of what it means? We’ll explain what kind of income and how much can be garnished, as well as what you can do to stop this action.
Category: Creditor Actions
You may know your car lender has a right to repossess your vehicle if you don't make payments, but can other lenders (like a payday lender) make a claim on your car? We explain when this can happen & what to do.
Category: Creditor Actions
Are you wondering how to go about helping your parents deal with their debts? In this blog, we explain what a power of attorney is, how they can help manage other’s finances, and explore two client stories.
Category: Creditor Actions
Has a debt collector threatened you with a judgement or a lawsuit for your unpaid debts? Find out how these legal proceedings work, how insolvency can stop a judgment, and when is the right time to act.
Category: Creditor Actions
We explain privacy laws and your rights when it comes to collection agents, how you can protect your personal information and what to do if it’s disclosed wrongly.
Category: Creditor Actions
Internet and cellphone services are essential in today’s day and age, but what happens to these services in a bankruptcy? Doug Hoyes offers his expert insights based on our experience with service providers.
Category: Creditor Actions
What are the consequences of having unpaid 407 ETR debts when you aren’t planning on filing for insolvency? Find out the collection methods the 407 can use under the Limitations Act.
Category: Creditor Actions
Have you received a call from a collection agent, and you’re stumped on how they were able to find you? Learn about various ways collections companies acquire your data and what you can do about it.
Category: Creditor Actions
