Debt solutions

13 articles

Person holding past due bill that has led to wage garnishment

Wage garnishment: How it works and what you can do

If you or someone you know is facing wage garnishment, check out these 7 questions to stay informed and prepared.

Man seated at computer contemplating using RRSP to pay off debt

Should I use my RRSP to pay off my debts?

If you’re thinking about withdrawing from your RRSP to pay off debt, make sure you consider the consequences before deciding to dip into your retirement savings.

Man and woman unpacking moving boxes into new home

Can I get a mortgage after filing a bankruptcy or consumer proposal?

For many Canadians, buying a home is a major financial goal. This goal may seem challenging for various reasons, but having filed a consumer proposal or bankruptcy shouldn’t be one.

Woman nervously looking at phone receiving a collection call

How to deal with debt collectors and stop collection calls

Calls from debt collectors can be stressful. But this doesn’t have to be the case – understanding the steps to take and available support can help end collection calls for good.

Person standing on the road with a smiley face painted on it, symbolizing the joy of debt relief

5 ways to pay off debt fast

We’ve pulled together 6 of our best strategies that can get you out of debt and back to being you.

Woman meeting with a Licensed Insolvency Trustee for a free consultation

What happens when you meet with a Licensed Insolvency Trustee?

Are you considering booking a free consultation with a Licensed Insolvency Trustee, but aren’t sure what to expect? We explain the process.

Person holding a pen drawing a large dollar sign on a piece of paper

Consolidation loan vs. consumer proposal: What’s the difference?

Debt consolidation and consumer proposals are both options to consolidate most debt payments. Learn how each works.

Man seated at a desk contemplating filing personal bankruptcy

The reality of personal bankruptcy: What to know and expect

If you’re wondering if bankruptcy is the right debt solution for you, this article can help you understand the process and considerations.

Person hands pen to someone who is dealing with payday loan debt

How to get out of payday loan debt

To quickly make ends meet, many turn to payday loans, but be cautious, as payday loans can seriously impact your finances. Learn how to get out of payday loan debt.

Couple with tax debt looking at a letter from the CRA indicating their amount owing

Income tax debt relief

If you have outstanding income tax debt with the CRA, you should deal with it sooner than later. Options are available to help you overcome income tax debt.

Person holding a yellow card seeking solutions to deal with a credit card balance they can't pay off

I can’t pay off my credit card balance. What are my options?

Credit card debt can be expensive to manage. In this article, we provide answers to some of the most common questions we’re asked about credit card debt.