Ontario Bankruptcy Blog

Our knowledgeable team of Licensed Insolvency Trustees provide information and expert advice to help you on your way to becoming debt free. Our blog includes podcasts, videos, articles, case studies and Industry Insights about consumer proposals and bankruptcy in Ontario as well as personal finance, credit rebuilding and other money management tips for anyone looking to get out of, or stay out of, debt.

Why File Bankruptcy in Your 20s?

About 1 in 6 people who file a bankruptcy or consumer proposal are between the ages of 18-29. This blog outlines what kinds of debt leads to severe financial distress for younger individuals, and what you can do about it.

Who Can File a Consumer Proposal?

There are both legal and practical requirements an individual must meet to be eligible to file a consumer proposal. If you are struggling with debt repayment, find out if you should explore a consumer proposal further.

How Does Debt Relief Work?

Not being able to meet payments on time and accruing debt can be stressful and overwhelming, but it is possible to achieve a fresh financial start. Read our step-by-step guide on how debt relief programs work in Canada.

How COVID-19 Affected Household Debt in 2020

Want to learn about the role the pandemic played in altering household debts? Read along as Doug Hoyes explores the unprecedented debt and insolvency trends as a result of Canada’s lockdowns, and his future predications.