Debt Relief

A Comprehensive Guide to Debt Relief in Canada It’s not uncommon for people to find themselves overwhelmed by debt. When that happens, it’s crucial to understand the various debt relief options available. In Canada, there’s an array of solutions at your disposal. This article aims to shed light on the available debt relief in Canada … Read more

Debt Relief in Quebec: Your Comprehensive Guide Debt is a prevalent issue that affects countless individuals worldwide. For residents of Quebec, finding adequate ways to handle and reduce their debt is a priority. This article aims to provide an in-depth look at Debt Relief in Quebec, highlighting the importance of understanding credit card management, debt … Read more

A Division 1 Proposal: The Lifeline for a Farmer and Her Assets In the world of debt relief, a particular case unfolded recently that underscores the remarkable power of a Division I proposal. A farmer under considerable stress due to the Canada Revenue Agency (CRA) found herself amidst a taxing situation that threatened her livelihood. … Read more

How to Get Debt Help for Seniors According to a Statistics Canada report, 34% of retired Canadians over the age of 55 are still trapped in debt. 17% of those seniors have debts of over $100,000. A report from Equifax in 2017 found that seniors are increasing their debts more than any other demographic in … Read more

Did you know that the average Canadian household owes $1.78 for every dollar earned? Debts are rising in Canada, and more and more people are looking for solutions. There are several options when it comes to debt repayment, and reaching out and seeking help early can help to prevent debts from spiralling and save you … Read more

While money can’t buy true, lasting happiness, there’s one thing that can get in the way of that happiness: debt. Having debt can feel paralysing, especially when you have letters coming through the door all the time, followed up with harassing phone calls. Many people get anxiety as they just don’t know what steps to … Read more

Cashless payments have become the norm for many of us. Automatic payments take care of bills, while debit and credit cards, as well as mobile payments, allow us to shop without the need for cash. However, spending your money in this way can make it difficult to keep track of what you’re really spending. You … Read more

Not everyone who ends up in debt is a gambler or someone with no financial know-how. Debt is a very common problem and can easily creep up on people from all walks of life. The key to avoiding debt is to understand how people get into debt in the first place so that you can … Read more

The vast majority of debts are caused by poor financial education and a failure to properly plan for expenses. The good news is, that a simple household budget can help most people to get back on track, eliminating their debts and allowing them to experience true financial freedom. Everyone needs to have a budget, regardless … Read more

Most people have a small amount of debt in one form or another. Mortgages, car loans, credit cards and student loans are all examples of debt that are commonplace and necessary in everyday life, helping us to make large purchases that we would otherwise be unable to afford. The problem with debt is that it can … Read more

When you need help with your finances, there are endless places to turn to. Unfortunately, they don’t all provide the accurate, impartial guidance you need. Debt management services, in particular, are offered by a number of companies and organizations. However, limited regulation means that they may not be able to offer the expert assistance you … Read more

The vast majority of people experience financial difficulties at some time or another. Whether you’re struggling to keep a roof over your head, you’ve missed multiple credit card payments, or you’ve got caught up in spiralling payday loans, there is help available. When you’re in need of debt assistance, talking to a Bankruptcy Canada Trustee … Read more

Debt Relief Options in Ontario & The Risks Debt relief can be a godsend to those who are struggling to manage their finances on their own. There are a lot of options on the market that can help you with this, and many of them are perfectly designed to help you out of your position. … Read more

Debt can have a crippling effect on your life, but you don’t have to suffer forever. Many people have found the help they needed from debt specialists up and down the country, and here at Bankruptcy Canada, we have supported the needs of Canadians for over 20 years. After reading the case story below, the … Read more

Getting Debt Relief Without Going Bankrupt Are you struggling with debt and keen to avoid filing for bankruptcy? This article will tell you everything that you need to know about this situation and the choices that you need to take. It’s a fact of life that anyone can end up in debt. While some are … Read more

Wondering How Debt Settlements Work? You have come to the right place, if you are asking yourself the question: how does debt settlement work? In fact, below, you will find a rundown of what debt settlements entail, how the process works, and what you need to look out for. Need Help Reviewing Your Financial Situation? … Read more

Some would say, a little debt is an inevitable part of getting by in 21st century Canada. But unless we build good money habits like saving and budgeting, we can start to use debt as a crutch. In an age of low interest rates, we’ve become used to easy access to cheap credit. But the … Read more

While bankruptcy can be one of the most efficient ways to clear your debts, we suggest aiming to avoid getting into this situation in the first place. This is often done by aiming for financial freedom, understanding how to manage your debts and being more mindful about your spending. So to help you out, here … Read more