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.


What qualifies you for bankruptcies? DEBT INSIDERS

What qualifies you for bankruptcies?

personal bankruptcy
Find out what qualifies you for bankruptcy in Canada. Learn about bankruptcy eligibility, the role of an Insolvency Trustee, and find out if you can declare.
Can you keep a credit card with a consumer proposal?

Can you keep a credit card with a consumer proposal?

consumer proposal
Wondering if you can keep a credit card during a consumer proposal? Discover your options for managing credit cards and rebuilding your score. Read now!
Is CBV Collections legit? DEBT INSIDERS

Is CBV Collections legit?

debt settlement
Discover the truth about CBV Collections! Is this agency legitimate? Learn about their BBB accreditation and potential red flags. Read now to stay informed!
How does debt consolidation work in Canada? DEBT INSIDERS

How does debt consolidation work in Canada?

debt consolidation
Discover how debt consolidation works in Canada! Learn about options like personal loans and consumer proposals to effectively manage your debts. Read now!
Why is Chapter Law calling me? DEBT INSIDERS

Why is Chapter Law calling me?

debt settlement
Chapter Law may be contacting you regarding unpaid debts. Learn about debt validation and ensure their legitimacy as your legal representative. Read more now!
Is 800 credit score rare? DEBT INSIDERS

Is 800 credit score rare?

credit rebuilding
Curious about the rarity of an 800 credit score? Find out how this amazing achievement reflects financial discipline. Learn how to reach this milestone today!
Is GoDay legit? DEBT INSIDERS

Is GoDay legit?

debt consolidation
Is GoDay a legitimate financial company? Discover its BBB rating, licensing details, and transparency in fees. Learn more about GoDay's high interest rates!
How does a debt management plan affect your credit?

How does a debt management plan affect your credit?

debt management plan
Discover how a debt management plan can affect your credit score and money health. Learn about potential impacts and tips for maintaining your credit. Read now!
Can collection agencies garnish your wages? DEBT INSIDERS

Can collection agencies garnish your wages?

debt management plan
Discover how collection agencies can garnish your wages in Canada. Learn the requirements, limits & your rights. Read to stay informed about wage garnishment!
Does the government pay for bankruptcies? DEBT INSIDERS

Does the government pay for bankruptcies?

personal bankruptcy
Curious about bankruptcy costs and whether the government offers funding? Discover the truth about filing for bankruptcy in Canada. Learn more now!