Debt Relief Experts
How to Find a Credible Financial Planner
Are you trying to find a trustworthy financial planner in Ontario? Find out how to find a credible planner, the income you need to work with them, and if you should use investments to pay down debt.
Consumer Proposal and Bankruptcy Blog | Debt Solution FAQs
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.
Reviving a Consumer Proposal After It’s Deemed Annulled
Fall behind three payments and your consumer proposal will be annulled by law. If this has happened to you, find out if it’s possible to revive an annulled proposal and exactly how to do it.
Is a Bad Credit Score Good for You?
What is the significance of a good credit score? Is having a low score really bad? Our experts explain credit scores, when a poor score may be okay and the downfalls of credit repair companies.
What Information Is On Your Credit Report?
Credit reports carry a lot of information about the money you borrow, how you make payments and even some personal information. Find out what's on your report and how to read a typical credit report.
The Pros and Cons of Canadian Bankruptcy
Are you curious about the advantages and disadvantages of filing for insolvency in Canada? We provide you with the most notable pros and cons of bankruptcy, to help you navigate debt relief.
Second Mortgage Home Equity Loan or Interest-Free Consumer Proposal?
What can you do if you are unable to make your some debt payments yet you have significant home equity? We explain home equity debt consolidation, home equity loans and when a consumer proposal is a better option.
Does a Consumer Proposal Affect my House and Mortgage?
A consumer proposal deals with unsecured debts, not secured debts like a mortgage. If that's the case, find out how filing a consumer proposal affects your home equity, an existing or even qualifying for a future mortgage?
How to Get Debt Consolidation with Bad Credit
You have debt and poor credit. Can you get a debt consolidation loan and how much will this cost? We explain the consequences of a bad credit consolidation loan and give you options.
Why Women Face Higher Bankruptcy Risk
Females have unique challenges to manage when it comes to debt payments and accruing debt. Find out why women are more likely to become insolvent and how to protect yourself from different forms of debt.
Advice for Tenants Renting a Property With Bad Credit
Have you recently completed a consumer proposal or bankruptcy, and are trying to rent a new place? We provide resources for stable and affordable units and what to do if you have a bad credit score.
What are the Risks to Debt Relief Options in Ontario?
Are you dealing with overwhelming debt and want to know more about your debt relief options? Learn about how to find a licensed debt expert to guide you, as well as costs, legalities, risks and more.
Debts You Can and Cannot Include in a Consumer Proposal
Will a consumer proposal deal with your particular debts? Find out how student loans, credit cards, business debts and more are treated in a proposal, and if it’s right for your financial situation.
52 Tips to Avoid Debt
Learning how to successfully avoid debt is an important step towards having a financially stable life. We asked our team of experts for their input and they came up with 52 easy-to-use tips for avoiding debt!
Never Loan Money to Family and Friends
Is someone you love asking you for a loan? How can you tell if you are financially stable enough to help them or not? Doug Hoyes explores this topic and provides a real-life story from a client.
Wage Garnishments: What Income Can be Garnisheed?
Has a collector threatened you with wage garnishment, and you’re unsure of what it means? We’ll explain what kind of income and how much can be garnished, as well as what you can do to stop this action.
Do I Lose My RDSP If I File Bankruptcy in Canada?
Bankruptcy law does not protect RDSPs but the courts have ruled that they are exempt assets. Learn what this means for your registered disability savings and your bankruptcy.
RRSP, Registered Savings Accounts and Bankruptcy Laws
How does filing for a bankruptcy affect different registered financial accounts? Here is our comprehensive guide on how RRSPs, RRIFs, RDSPs, DPSPs, TFSAs, RESPs and others are treated in a bankruptcy.
Will Bankruptcy Affect Shared Ownership in a Cottage?
Are you or someone you know filing bankruptcy and they have a share in a family cottage? Learn about how shared real estate is dealt with in a bankruptcy and other options you may have.
Ontario Bankruptcy Exemptions: Assets You Can Keep
Will you lose everything if you file for bankruptcy in Ontario? We explain what assets you keep by law, what you may lose and an alternative option you may have so you can keep everything.
How to Solve Debt Problems
Do you want to learn effective and simple strategies that can help you avoid or solve unwanted debt problems? In this blog, we explore our top 10 tips you need to successfully navigate your debts.
How Young Is Too Young For Bankruptcy?
Are you in your 20s, struggling with debt, and wondering if you should file for bankruptcy? Explore 3 important aspects you need to consider and how to ‘run the numbers’ before moving forward with this choice.