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.
Mogo was one of the first new-age fintech lenders to enter the Canadian market. We review what this ‘sexy’ approach to lending really means for consumers and offer practical advice on the cost of getting a Mogo loan.
When your adult child is struggling, you still want to help. However when it comes to money, you need to think carefully about what it may cost you to loan them money or co-sign a loan.
We often hear from clients who cashed in their RRSP to keep up with debt payments. The problem is, that doesn't always help. We explore 3 reasons not to use money from your RRSP to pay down debt.
Credit counsellors use a program called a debt management plan which are not always successful. We explore a case study from one of our clients in this situation and offer some alternative solutions.
It's possible to sign up for free credit reports with online lending platforms. Are these free credit scores accurate? Are they worth it? What's the real cost? Doug Hoyes explains.
Are you deciding if it’s a good time to enter the real estate market? Real estate expert, Ben Rabidoux, explores Canada's current housing market, household debt and things to consider before buying.
Do you have adult children asking for financial support? Find out various reasons for why lending large amounts of money to family can cause your own debt problems and when you should draw the line.
Small business owners face unique financial challenges. Find out our top financial tips for avoiding small business debts, how to keep tax debts under control and what you can do if you owe years of taxes.
Credit cards are required with some purchases for consumers, however filing bankruptcy means surrendering your cards. Doug Hoyes has 5 payment options if you don’t have access to a credit card.
There are financial responsibilities you should meet before you retire. Here is our retirement planning guide, where we explore how much to save, what to do with debt and how to effectively prepare for it.
Bankruptcy doesn't have to be confusing. In this blog post we explore 10 bankruptcy definitions you should know, especially before you meet with a Licensed Insolvency Trustee.
Beware of complicated tax scheme or tax shelter to reduce your tax obligation. Some of these schemes are fraudulent, some are scams and can result in a sudden high tax bill.
A highly debated conversation we have with our social media following is the consequences of unpaid debts. Our experts explore this topic, discussing credit cards, payday loans, taxes, mortgages and more.
Debt relief programs have an effect on your credit report, including credit counselling. In this blog post find out how, and for how long, different debt relief programs can affect your credit rating.
Repairing your credit report after insolvency or small financial mistakes can be difficult if you don’t have the right tools. We’ll explain 5 steps you need to follow to successfully repair your credit on your own.
Are you wondering what a consumer proposal repayment plan looks like? Doug Hoyes explains 2 benefits of using this form of insolvency with actual examples of how it can affect your finances.
Filing a consumer proposal is a debt relief strategy that offers many advantages if you qualify. Explore our guide on conducting a consumer proposal assessment and one of the benefits of a proposal.
Tax debts can be a tricky circumstance to navigate, especially if you are not sure who can help you deal with the issue. Find out what to do and who to seek help from in specific tax debt situations.
The biggest longer term negative for a credit score is if you continue to carry very high debt balances. In this blog we explore why dealing with your debts is critical to improving your credit.
Are you wondering how the government regulates insolvency in Canada? Our experts explain how the Office of the Superintendent of Bankruptcy regulates these legal proceedings and the required trustees.
Debt problems carry an emotional burden but should they? Doug Hoyes explains why falling into the trap of excessive debt may not be your fault but can be something you take charge of.