Answers

Tips, Tricks, Help & Relief Options

Dealing with debt often brings many questions, and you’re not alone in seeking answers. On this page, we’ve gathered the most common questions about debt in Canada based on the real-life experiences of people just like you. From understanding how debt affects your credit to exploring available relief options, these questions reflect many Canadians’ genuine concerns.

Financial Solutions for Canadians

We aim to provide clarity and reassurance, reminding you that you’re not alone. Many others are walking the same path, and together, we can navigate these financial challenges to find a way forward.

Have a question you’d like to ask? Want to ask it anonymously? Ask any question about debt anonymously, and we’ll get back to you as soon as possible with an answer. Ask a debt question.


Can collection agencies seize my disability payments?

Can collection agencies seize my disability payments?

financial planning
Discover how Canada protects disability payments from debt recovery with strong consumer protection laws. Learn more to ensure your financial safety today!
Can non-profit organizations file for bankruptcy in Canada?

Can non-profit organizations file for bankruptcy in Canada?

personal bankruptcy
Discover how non-profits in Canada can navigate bankruptcy challenges. Learn about restructuring, insolvency, and the role of insolvency trustees. Read now!
Can I get a real estate license after bankruptcy?

Can I get a real estate license after bankruptcy?

personal bankruptcy
Considering a real estate career in Canada but worried about bankruptcy? Discover how past financial issues affect your real estate license. Learn more!
What happens to jointly owned property in bankruptcy?

What happens to jointly owned property in bankruptcy?

personal bankruptcy
Discover how bankruptcy in Canada affects jointly owned property. Learn about equity, co-ownership, and how a trustee can impact your assets. Read now!
What details can banks keep about my consumer proposal?

What details can banks keep about my consumer proposal?

consumer proposal
Discover how a consumer proposal in Canada affects your credit report and future lending. Learn more about the implications and communicate with banks today!
Can I declare personal bankruptcy if I receive social assistance?

Can I declare personal bankruptcy if I receive social assistance?

personal bankruptcy
Explore how personal bankruptcy can provide a fresh start, even if you're on social assistance. Learn more about navigating your financial journey today!
Can a collection agency put a lien on my property?

Can a collection agency put a lien on my property?

debt management plan
Dealing with a lien on your home in Canada? Understand how creditors and collection agencies operate. Learn more about protecting your property today!
Understanding Division I Proposal for Debt Management

Understanding Division I Proposal for Debt Management

debt management plan
Discover how a Division I Proposal can help manage your debts over $250,000 while protecting your assets. Learn more about this effective debt management solution!
Can a creditor put me into bankruptcy against my will?

Can a creditor put me into bankruptcy against my will?

debt management plan
Discover how a consumer proposal can help navigate debt challenges in Canada. Explore your options, from debt settlement to consulting a trustee. Learn more!
Can my tax refund be applied to my student loans?

Can my tax refund be applied to my student loans?

debt management plan
If you owe money on student loans in Canada, your tax refund could be at risk. Discover the rules about tax refunds and student loans. Learn more!