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 co-sign a loan you are responsible for it if the primary borrower cannot make payments. Explore creditors rights to collect, how bankruptcy eliminates the debt and what to do if you’re the co-signer.
Category: Debts Discharged
When you file for a consumer proposal, you offer your creditors an amount for your proposal payments. In this blog, find out what factors affect this and 3 steps you can use to calculate your payment terms.
Category: Consumer Proposals
Bankruptcy is not right for everyone, we know that. We explain 5 reasons why bankruptcy may not be your best choice, from when it may be too costly or when you might not be eligible and more.
Category: Bankruptcy Basics
We highly recommend opening an account at a different bank during insolvency. Our experts divulge reasons why you should switch banks, common concerns when it comes to this and what happens if you don’t.
Category: Creditor Actions
Have you ever run low on cash before your next payday? What solution did you use? If your answer is a payday loan, find out why they aren’t the best choice and 8 alternatives you could use instead.
Category: Loans & Borrowing
People struggling with debt often turn to debt consolidation first, which is not the best choice for everyone. Find out common reasons why debt consolidation usually fails and what your alternative options are.
Category: Loans & Borrowing
Do you think you have a good credit rating despite struggling with debt? Find out why having a clean credit report does not mean you have good one and how the credit reporting system works for lenders.
Category: Credit Repair
The Workplace Safety and Insurance Board coverage is a mandatory requirement for businesses in Ontario, including small businesses. Learn what happens to WSIBS debts if you file for insolvency.
Category: Debts Discharged
Cash Store Financial Services Inc. filed for bankruptcy protection in 2014 and are were delisted from the Toronto Stock Exchange. Find out what happened and what our expert insights are.
Category: Viewpoints
CRA will accept a settlement through a consumer proposal or will write off tax debts in a bankruptcy. Ian Martin explains what requirements the Canada Revenue Agency will have under each solution.
Category: Debt Relief
Are you thinking about filing for bankruptcy and want to know more about what this form of debt relief requires from you? Learn about the duties you are responsible for in order to clear your debts.
Category: Bankruptcy Basics
Struggling debtors all have their own breaking point when it comes to taking action. In this blog, our experts explore trigger points for insolvency and the options you may have if you have unpaid debts.
Category: Dealing with Debt
It's important to understand what impacts your credit score if you are trying to rebuild or repair a low score. We explore 7 important facts you should know and what they mean.
Category: Credit Repair
If you're planning on borrowing money, its’s important to consider how much debt you can take on. Find out more about debt-to-income ratios, warning signs of too much debt and available debt relief options.
Category: Dealing with Debt
If you are considering a consumer proposal to help eliminate your debts, you want your creditors to accept the terms of the proposal. In general, consumer proposals have a 99% acceptance rate.
Category: Consumer Proposals
When you file for bankruptcy, you make monthly payments and surrender certain assets. Find out how these proceeds are distributed to your creditors to release your debts.
Category: Assets & Property
Bankruptcy eliminates most unsecured debts. But what about secured debts and what debts are specifically excluded from your bankruptcy discharge?
Category: Debts Discharged
If you are considering filing for bankruptcy, you should be knowledgeable on the entire process. Here is our comprehensive guide on the steps to file bankruptcy in Canada.
Category: Bankruptcy Process
If you are considering filing for a bankruptcy, it is important to be knowledgeable about the process and have answers to any of your questions. Here are the top 10 facts you should definitely know.
Category: Bankruptcy Basics
To be discharged from a bankruptcy there are certain duties that need to be completed first, one of which may include surplus income payments. Find out what surplus income is and 5 reasons it’s important.
Category: Bankruptcy Basics
It can be stressful having collections agents threatening you for unpaid debts. Learn what your rights are as a debtor, how to protect yourself from creditors and what to do if actions have been taken.
Category: Creditor Actions
