Blog Posts

Is a spouse liable for my debt?

Your debts do not affect your spouse’s credit rating!

February 3, 2014

Consumer Proposals, Bankruptcy, Debt and Relationships, Rebuilding Credit

Digging Out Of Debt On Your Own

Dealing with your personal debt problems on your own without any professional assistance is the only way to maintain your current credit rating.

January 16, 2014

Collection Agencies, Wage Garnishment, Rebuilding Credit

Where can I get my credit report?

There are two credit reporting agencies in Canada: Equifax and Transunion

January 14, 2014

Rebuilding Credit

We were asked: Do you provide consolidation loans?

Consolidation loans are one of the debt settlement strategies we review with people but we're not a lender. While consolidation loans are a popular debt settlement strategy there are a number of issues.

June 18, 2013

Consolidation Loans, Rebuilding Credit

We were asked: Can a consumer proposal clear old debt in collections - will filing affect my credit rating?

We're here to help you deal with debt and give the best option possible depending on your personal situation. Filing a consumer proposal is not a strategy for rebuilding your credit, it is a strategy to get out of debt.

June 15, 2013

Consumer Proposals, Rebuilding Credit

We were asked: What is the difference between debt consolidation and a consumer proposal?

We receive many questions regarding the difference between debt consolidation and a consumer proposal.

June 5, 2013

Consumer Proposals, Consolidation Loans, Rebuilding Credit

What are the consequences of filing bankruptcy a second time?

If you've already filed personal bankruptcy once in Ontario, it's important to consider all your options before filing a second time. Going bankrupt for a second time damages your credit for much longer than a first bankruptcy.

March 25, 2013

Consumer Proposals, Bankruptcy, Rebuilding Credit

How do I recover from my divorce debt?

JULIE ASKED: I have bad credit due to a divorce from 7 years ago. I would like to know what my options are. I would prefer not to claim personal bankruptcy. Can this be done?

May 3, 2012

Consumer Proposals, Bankruptcy, Debt and Relationships, Rebuilding Credit

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