You may be overwhelmed by debt and considering a debt settlement. In this post, we walk you through how to determine an affordable offer, the dos and don'ts of settling with your creditors, how to reduce debt by up to 80% and when working with an LIT is the right option.
Ideally, by age 30, you hope to have financial security and the ability to build wealth. But it's hard when you have student loans and other debts consuming your monthly income. Learn how an insolvency filing can give you a financial do-over so you can start reaching personal milestones sooner.
You can opt for a debt management plan or debt settlement if you are struggling with unpaid debts. Learn about the advantages and disadvantages for both, and which may be best suited for you.
Not being able to meet payments on time and accruing debt can be stressful and overwhelming, but it is possible to achieve a fresh financial start. Read our step-by-step guide on how debt relief programs work in Canada.
Has the CRA charged you with interest or penalties? Learn about financial situations that qualify for waived charges, how to file for the CRA Taxpayer Relief Program and what to do if you aren’t approved.
An increasing number of seniors in Canada are carrying large amounts of debts into their retirement. We explore what this means and what you can do if you are struggling to pay down your debts.
Are you unable to make full payments towards your bills, and creating more debt each month? Find out if you could be eligible for Canadian debt forgiveness and what steps you need to take to move forward.
Are you struggling with payments on your student debt? Here is our comprehensive guide on government relief programs for student loans. Learn when student loans can be discharged in a bankruptcy.
Bankruptcy law discharges student loans if you have been out of school for seven years however you can make a hardship application for discharge after 5 years. Find out how.
Not everyone struggling with debt has to file for insolvency. Learn about how and when to negotiate a debt settlement on your own with your creditors, and other aspects to consider in the process.
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.
Have you considered using a debt consultant? Wondering what they can do for you and if their extra fees are worth the money you'll pay? We explain the harm debt consultants cause and tips on how to protect yourself.
What’s the difference between a debt consultant and a Licensed Insolvency Trustee when it comes to your managing debts? We explain how the roles differ, which one you should avoid completely and why.
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.
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.
Debt Relief Experts
