Our knowledgeable team of Licensed Insolvency Trustees provide information and expert advice to help you on your way to becoming debt free. Our extensive debt help resource centre includes articles, videos, and podcasts on how to get out of debt including commonly asked questions about consumer proposals, bankruptcy, and debt consolidation options. Become informed about credit rebuilding and other money management tips as you search for a solution to your debt problems.
If you are unable to meet your tax payments, you may be considering borrowing to reduce long term interest and penalties. Learn if taking out a loan to pay taxes is a good choice for you.
Category: Loans & Borrowing
Considering borrowing against your vehicle to help deal with some debts? Find out how car title loans work, the advantages and disadvantages, and other options you have to pay off debts.
Category: Loans & Borrowing
Are you in a difficult financial situation and looking at options on how to deal with your debts? Here is your guide to two common approaches: debt management plans and consolidation loans.
Category: Bankruptcy Alternatives
Payday lenders will try anything to collect. Loan modification agreements do not alter the ability of your bankruptcy or proposal to wipe out these debts. Learn about these traps from Ted Michalos.
Category: Loans & Borrowing
Roughly two-thirds of Canadians choose a consumer proposal to eliminate debt. Here are our top 25 facts you need to know about consumer proposals to help you determine if it's a good option for you.
Category: Consumer Proposals
Thinking about applying for a debt consolidation loan, but don’t have good credit? A cosigner can help you get approved but there are risks. Learn the pros and cons, and alternatives if you are not successful.
Category: Loans & Borrowing
Doug Hoyes weighs in on whether or not a debt jubilee is a solution to high household debt, student debt and how a modern debt jubilee might work for both private loans and government loans.
Category: Viewpoints
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
Consumer proposals and bankruptcy can now be filed entirely online. Learn how trustees are using video calls and digital signing to help Canadians overwhelmed with debt.
Category: Bankruptcy Process
Blog Post Updated October 2020: Find out more about Canada’s Response Benefits, and if these payments can be garnished.
Category: Creditor Actions
Does filing for insolvency as an insurance broker in Ontario have a negative impact? Learn about what happens to your registration if you file and what we believe is the best option for you.
Category: Bankruptcy Basics
Are you thinking about filing a consumer proposal, but are unsure if the CRA will accept it? Doug Hoyes provides his best tips for a successful proposal involving tax debts based on his extensive experience.
Category: Consumer Proposals
Debt consolidation loans are one of the several debt relief options consumers can use to help them deal with debt. Explore how these loans work, pros and cons, and if consolidation makes sense for you.
Category: Loans & Borrowing
Are you trying to quickly pay off some credit card debts or old bills with a cash loan? Here is our expert opinion on why these credit instalment loans might not be such a good idea.
Category: Loans & Borrowing
Do you know the advantages of making extra payments to pay off your consumer proposal sooner? We’ll explain why some of our clients choose to do this, and how to implement this beneficial strategy.
Category: Consumer Proposals
Have you heard of an examination of bankrupt? If you are thinking of filing for bankruptcy you may be subjected to this legal proceeding. Find out everything you need to know and why there is usually nothing to be concerned about.
Category: Bankruptcy Process
Debt consolidation loans can help you consolidate debt but before you approach a lender review the possible costs and risks of using this option for debt relief.
Category: Loans & Borrowing
What are the repercussions of filing insolvency as an insurance agent? Find out what is required of you if you file, if your license will be revoked and if you can become an insurance agent after.
Category: Bankruptcy Basics
Are you stressed about having to meet with your creditors if you file for a consumer proposal? We explain when and what can happen if a meeting of creditors is called and how voting works if a meeting is required.
Category: Consumer Proposals
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
