Debt Problems – And how to Solve Them

How to Solve Your Debt Problems In Canada, there are many ways for you to try and consolidate your debt. Every consolidation option comes with pros and cons, and not every single option is available to everyone. If you want to make sure that you don’t end up making a bad decision with your debt, … Read more

How Do I Know If I Need Help with My Debts?

Although most Canadians have some form of debt, we don’t always know when we need help managing our finances. If you’ve found yourself wondering, ‘do I need help with my debts?’, then it’s highly likely you do. While it’s easy to bury your head in the sand and avoid thinking about mounting debt, this won’t … Read more

Debt Problems Frequently Asked Questions

FAQs on Debt Problems If you want to get your questions about debt answered, then you have certainly come to the right place. Here you can find out everything you need to know about filing for bankruptcy, as well as having the peace of mind and confidence you need to push forward. Who can File … Read more

A Guide to Debt Management in Canada

Managing Debt in Canada Owing money is stressful, which is why finding the right repayment strategy to escape debt in the fastest time. A Debt Management Plan, otherwise known as a DMP, could be the perfect solution. Bankruptcy Canada can support you through the process, but you must first try to familiarize yourself with the … Read more

When Your Ex-Spouse Fails To Pay Credit Card Debt: Who is Responsible?

During a marriage, many people share the use of their credit cards. This can lead to confusion over who is accountable for missed payments once the marriage ends. Particularly, if your ex-partner already agreed to pay off the debt already accumulated. So, who is responsible? Need Help Reviewing Your Financial Situation? Contact a Licensed Trustee … Read more

Debt Management Programs Rates & Costs

If you’re faced with significant financial difficulties and have spent any amount of time researching debt relief options, Debt Management Programs (DMPs) will have surfaced as one of the best alternatives to filing for bankruptcy. Before entering any DMP scheme, however, it’s crucial to analyze whether it’s right for you. The financial implications should naturally … Read more

What Can I Do if I Can’t Pay My Bills?

Help, I Can’t Pay My Bills If you’re struggling to pay your bills, you’re not alone. More than a third of Canadians have difficulties managing their day-to-day finances and keeping up to date with their bills. Whether you’re experiencing problems because of rising interest rates, a loss of income or spiralling debt, you can take … Read more

Inherited Debts or Debts after Death

Do I Inherit a Loved One’s Debt When They Die? The average Canadian household currently reports spending as much as 14.9% of their incomes on debt payments alone each month. Those are high statistics, but luckily, there’s plenty of advice regarding insolvency and consolidation to help you through. This can make a massive difference, but … Read more