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.
Finding credible information and resources about bankruptcy and personal insolvency can be difficult. In this blog and podcast, Doug Hoyes, Licensed Insolvency Trustee discusses 15 common bankruptcy myths.
Category: Bankruptcy Basics
An increasing number of seniors in Canada are carrying large amounts of debts into their retirement. We explore debt forgiveness & relief options including government programs for seniors struggling to pay down your debts.
Category: Debt Relief
Learn the risks of ignoring debt collectors, your rights, and effective ways to handle collection calls in Canada. Explore debt relief options to stop collections and regain financial stability.
Category: Creditor Actions
In the event that someone dies, who is responsible for the debt the individual had? In this blog we answer common questions as they relate to debts after death and who may be responsible for them.
Category: Creditor Actions
Learn how to find legitimate debt help in Canada and avoid scams. Compare Licensed Insolvency Trustees, credit counsellors, and debt consultants. Discover questions you should ask during your consultation.
Category: Debt Relief
Learn the key differences, benefits and risks associated with secured and unsecured debt and how each are treated in a bankruptcy or consumer proposal.
Category: Debts Discharged
If you have unpaid taxes to the CRA, they can exercise their collection right to freeze your bank accounts. Learn about what you can do if your accounts get frozen and what your next steps are.
Category: Creditor Actions
The credit impact of a bankruptcy or consumer proposal does not have to prevent you from getting a mortgage. Discover steps that can help you get a mortgage even if you have bad credit.
Category: Loans & Borrowing
If your unpaid debts have been turned over to a collection agency we explain what you need to know about how long collection agencies can pursue debt in Canada, both legally and with those annoying phone calls.
Category: Creditor Actions
The payday loan industry is thriving in Canada; it keeps consumers coming back and causes them to fall into more debt. We explore ways to solve this problem, the role of government regulations and more.
Category: Viewpoints
Have you been in a situation where you resort to payday loans for quick cash? We provide everything you need to know about payday loans in a slideshow and steps you can take to eliminate these debts.
Category: Debt Relief
Are you wondering if you should use credit counselling or a consumer proposal to get out of debt? We explain both solutions, provide a pros and cons list and fully compare both strategies.
Category: Bankruptcy Alternatives
Explore the process, consequences, and alternatives to declaring bankruptcy in Canada. Learn about debt elimination, credit impact, and how to rebuild your financial future.
Category: Bankruptcy Process
A consumer proposal is an alternative to bankruptcy and there are huge differences in how both insolvencies options work. Doug Hoyes explains why a consumer proposal is not bankruptcy.
Category: Bankruptcy Alternatives
Trying to decide between a debt settlement plan and a consumer proposal? We explore a contract from a debt settlement firm, and why a consumer proposal is more often the better choice for you.
Category: Bankruptcy Alternatives
Learn about personal bankruptcy, consumer proposals and business bankruptcy in Canada. Compare options and costs to find the right debt solution for you.
Category: Bankruptcy Alternatives
Learn the pros and cons of paying off credit card debt with a personal loan. Understand the risks and what alternatives you have to deal with credit card debt.
Category: Dealing with Debt
We explain effective strategies for consolidating credit card debt in Canada and answer key questions and concerns about consolidating credit cards.
Category: Dealing with Debt
Have you every wondered what happens if you miss a mortgage payment in Canada? We explain consequences including foreclosure and offer late payment strategies.
Category: Dealing with Debt
Learn how to get a mortgage after bankruptcy in Canada. Discover credit rebuilding strategies, down payment tips, and mortgage options to help you become a homeowner again.
Category: Credit Repair
What happens if you are sued for credit card debt? We explain how to defend a lawsuit and explore debt relief options.
Category: Creditor Actions
