Information About Bankruptcy, Money Management and Debt Help Tips

Here’s how the OAS clawback works in 2026, and what you can do to minimize it. Are you counting on your full Old Age Security (OAS) pension to help cover your costs in retirement? You’ve worked hard and paid into the system for decades. But if your income is above a certain level, the government may … Read more »

What Rising Insolvency Numbers Reveal About Household Finances in Ontario and Across Canada Consumer insolvencies in Canada reached their highest quarterly level since 2009 during the first three months of 2026. More than 37,000 Canadians filed a bankruptcy or consumer proposal in Q1 alone, driven b … Read more »

A Plain-Language Guide About Bankruptcy as a Newcomer to Canada Permanent resident? Work permit holder? You can file for a consumer proposal or bankruptcy as a newcomer to Canada, provided you currently live here. Filing does not make you inadmissible (it does not bar you from entering or staying in … Read more »

What Ontario Professionals Need to Know Before Filing A bankruptcy or consumer proposal in Ontario does not automatically cancel most professional licences. But nearly every regulator requires disclosure, and some have mandatory timelines measured in days, not weeks. Real estate agents, mortgage age … Read more »

Consumer Proposal in Ontario: Residents Should Understand What Happens to Your Vital Assets If you are considering a consumer proposal in Ontario, your biggest concern is likely how to keep your assets safe. And we understand the worry. However, debt relief should provide a path forward, not a step … Read more »