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.


Is 489 a good credit score? DEBT INSIDERS

Is 489 a good credit score?

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Is a credit score of 489 good or bad? Discover how it affects loans and options in the poor range. Learn how to improve your credit score today!
How much does Cash Money charge to cash a cheque?

How much does Cash Money charge to cash a cheque?

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Discover what Cash Money charges to cash a cheque, including fees and alternatives. Learn more about cash cheque fees and make informed decisions today!
What is the minimum amount to file bankruptcies?

What is the minimum amount to file bankruptcies?

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Discover the bankruptcy threshold in Canada! Learn about insolvency guidelines and how debt affects your options. Find out more and get the help you need!
What happens when you file bankruptcy? DEBT INSIDERS

What happens when you file bankruptcy?

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Discover what happens after you file for bankruptcy in Canada. Learn about the bankruptcy process, the role of an Insolvency Trustee, and key prereqs. Read now!
Can a collection agency garnish my wages? DEBT INSIDERS

Can a collection agency garnish my wages?

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Discover if a collection agency can garnish your wages in Canada. Learn about the process, exemptions, and how much they can take. Read now for essential info!
What percentage should I offer to settle debt? DEBT INSIDERS

What percentage should I offer to settle debt?

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Discover what % you should offer for debt settlement in Canada. Learn about factors influencing settlement percentage & how to negotiate effectively. Read now!
What credit score for consolidation loan? DEBT INSIDERS

What credit score for consolidation loan?

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Wondering about credit score requirements for a debt consolidation loan in Canada? Discover what you need to qualify and how to secure the best rates. Read now!
What's better bankruptcy or debt settlement? DEBT INSIDERS

What's better bankruptcy or debt settlement?

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Struggling with debt? Explore the pros and cons of bankruptcy vs. debt settlement. Learn how to protect your assets and make the best choice for you. Read now!
Is a consumer proposal worth it? DEBT INSIDERS

Is a consumer proposal worth it?

consumer proposal
For many it is worht it. Find how this debt relief option helps you keep assets and shield against creditors. Learn more about your financial choices now!
What do you lose when you declare bankruptcy? DEBT INSIDERS

What do you lose when you declare bankruptcy?

personal bankruptcy
List of things you lose when declaring bankruptcy in Canada. Learn about non-exempt assets and how they affect your belongings. Read to make informed decisions!