Frequently Asked Questions

Transparent, easy-to-understand, and complete information so that you can make an informed decision

DEBT SETTLEMENT

What is Debt Settlement?

How Does Debt Settlement Work?

Can I Negotiate a Debt Settlement By Myself?

How Does Debt Settlement Affect Credit?

What is the Cost of Debt Settlement?

How Long Does Debt Settlement Take?

Do I Qualify For a Debt Settlement?

How The Government Regulates Debt Settlement

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DEBT CONSOLIDATION

What is a Debt Consolidation Loan?

How Does Debt Consolidation Work?

Why Should I Consolidate My Debt?

Can I Get a Debt Consolidation Loan with Bad Credit?

What are the Interest Rates for Debt Consolidation Loans?

Will I Qualify for a Debt Consolidation Loan?

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CREDIT COUNSELLING

What is Credit Counselling?

How Does Consumer Credit Counselling Work?

What Can a Credit Counselling Agency Do For Me?

Is a Credit Counselling Service Right For Me?

How Does Credit Counselling Affect My Credit?

How Long Does Credit Counselling Take?

Credit Counselling vs. Debt Settlement

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CONSUMER PROPOSAL

What is a Consumer Proposal?

How Does a Consumer Proposal Work?

Will My Creditors Accept My Consumer Proposal?

How Do I Avoid a Consumer Proposal Annulment?

How Will a Consumer Proposal Affect My Credit?

How Much Debt is Required To File a Consumer Proposal?

Can I Joint File a Consumer Proposal?

Consumer Proposal vs Bankruptcy – Know Your Options

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BANKRUPTCY

What is Personal Bankruptcy?

What Are The Causes of Bankruptcy?

What is the Cost of Bankruptcy in Canada?

How Long Does Bankruptcy Take?

Should I File for Bankruptcy?

Do I Qualify for Bankruptcy?

What Happens To My Debt When I Claim Bankruptcy in Canada?

What happens during bankruptcy?

Bankruptcy Exemptions: What Assets You Can Keep

Who Will Know That I Declared Bankruptcy in Canada?

What To Do After Bankruptcy?

Personal Bankruptcy Statistics in Canada

Debts That Cannot Be Discharged in Bankruptcy 

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