Debt Relief Experts
Can You Include Your Car Loan in a Consumer Proposal?
We frequently meet with individuals who have a car loan. In this post, Doug Hoyes explains how a car loan is treated in a consumer proposal, whether you wish to keep your car or not.
Vehicle
What Happens to a Financed or Leased Car in Bankruptcy?
Are leased or financed vehicles included in your bankruptcy? Learn how car payments are treated in a bankruptcy or consumer proposal and what happens to your car loan or lease obligation.
Should You Consolidate or Pay Bills with a Car Title Loan?
Considering borrowing against your vehicle to help deal with some debts? Find out how car title loans work, the advantages and disadvantages, and other options you have to pay off debts.
Voluntary Surrender. Should I Hand My Vehicle Back?
If you are filing for a consumer proposal or bankruptcy, should you keep your expensive vehicle loan? Find out if it’s in your best interest to voluntarily surrender your vehicle as part of your insolvency.
Dealing with Car Loan Debt and Vehicle Repossession
Your lender can repossess your car if you are not making your payments on time. Learn about what a vehicle repossession means for you and your debts, and how you can avoid this proceeding.
Buying and Maintaining an Affordable Car
Owning and operating a car can be a financial drain on your budget often leading to extra debt. We talk with Scott Marshall, car expert, about 8 ways to make car ownership affordable and how to save on vehicle expenses.
Can Unsecured Creditors Take My Car For An Unpaid Debt?
You may know your car lender has a right to repossess your vehicle if you don't make payments, but can other lenders (like a payday lender) make a claim on your car? We explain when this can happen & what to do.
How Car Loans and Car Loan Rollovers Lead to Insolvency
How you finance a car purchase can lead to financial problems. Find out how longer term car loans and rollovers are contributing to loan shortfalls and insolvency filings.