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.
Is your next financial decision a bankruptcy or consumer proposal? In Canada, you are required to use a Licensed Insolvency Trustee to file insolvency. learn how to pick the right one using five questions.
Category: Bankruptcy Basics
Credit card use has increased across all demographics in Canada. In this blog find out how one of our clients fell into debt using credit and learn 7 signs that signal you're in credit card danger.
Category: Loans & Borrowing
Consumers need credit for certain things, but can you get a credit card during a bankruptcy? Learn the pros and cons of obtaining new credit during, and after your bankruptcy.
Category: Bankruptcy Basics
Bankruptcy provides protection from collection calls, however not all creditors get the message. Find out the three things to say if a collection agent calls you and when to turn to your trustee for help.
Category: Creditor Actions
Do you check your credit report on an annual basis? We believe it’s an important and healthy financial practise. Learn about why and how to check your report, as well as how to ensure there are no errors.
Category: Credit Repair
We look at two consolidation options: refinancing through a second mortgage or secured line of credit if you own a home and the pros and cons of consolidation loans if you have poor credit.
Category: Debt Relief
Are you receiving intimidating calls from collection agents? How do you respond to them? Find out 8 dirty tricks collections agents use in conversation, and how you can handle and stop these calls.
Category: Creditor Actions
If you're going to file for a consumer proposal, we make sure your proposal payments fit your budget. In this blog, find out how to determine if you can afford payments.
Category: Consumer Proposals
Loans are available for individuals completing a consumer proposal. In this blog, learn about the pros and cons of borrowing to pay off your proposal earlier and 3 alternative ways you can do this.
Category: Consumer Proposals
One of the most common questions we get from our clients is “how long will the insolvency last on my credit report?” Learn how many years Canadian credit bureaus will report your bankruptcy or consumer proposal.
Category: Bankruptcy Basics
Are you concerned about long-term implications of filing bankruptcy? There are misconceptions of how it affects your future. Explore our top 10 tips on how to get your life back following bankruptcy.
Category: Bankruptcy Basics
Bankruptcy tends to be a smooth process, however on rare occasions a creditor can challenge your bankruptcy discharge. Learn the basics of what a creditor opposition means for you.
Category: Bankruptcy Process
Learning how to interview a debt advisor can be a useful skill if you are planning on filing for insolvency. Find out what a consumer proposal administer is, how they are licensed, associated fees and more.
Category: Consumer Proposals
If your creditors don't have options to collect you are considered creditor proof. When does this happen and what does that mean in terms of whether you should file bankruptcy or not?
Category: Creditor Actions
Does having a current or past bankruptcy affect your ability to sponsor someone immigrating to Canada? Find out if and when you are able to be a sponsor during insolvency and alternative options you may have.
Category: Bankruptcy Basics
Credit reports and scores are an important aspect required for big financial decisions. But are our credit reporting systems in place to help you or your potential lender? Doug Hoyes explains here.
Category: Credit Repair
Mortgages give people the ability to buy homes, but is there such a thing as a mortgage that costs too much? Doug Hoyes explores high ratio mortgages and what you can do if you can’t afford your mortgage.
Category: Loans & Borrowing
RESPs are considered an asset in a bankruptcy and are not exempt from seizure in all provinces. Doug Hoyes explains why it's time to change the federal law around RESPs and bankruptcy.
Category: Viewpoints
About 1/5th of insolvencies in Canada are due to medical debts. Find out the primary factor contributing to medical bankruptcy and issues that arise with it, as well as if insolvency can eliminate these debts.
Category: Bankruptcy Basics
Did you know there are rules in place when it comes to the way student loans are treated in an insolvency? Find out the rules to ensure your student debt is discharged or released in a consumer proposal.
Category: Consumer Proposals
Do you want to learn more about the negotiation process involved in a consumer proposal? We'll explain what creditors might expect in a proposal based on internal policy and who does the negotiating.
Category: Consumer Proposals
