Frequently Asked Questions
Find answers to common questions about debt relief, consumer proposals, bankruptcy, and your path to financial freedom.
Quick Answers
How much does debt relief cost?
Costs vary by service. Consumer proposals and bankruptcy have government-regulated fees. Credit counseling is often free or low-cost.
Can I get debt relief if I'm unemployed?
Some options like bankruptcy don't require income, but most debt relief programs require some ability to make payments.
Will my spouse be affected?
Your spouse is only affected if they co-signed debts or you have joint debts. Their individual credit and assets remain separate.
Can I travel during debt relief?
Travel restrictions vary by program. Consumer proposals have no travel restrictions, while bankruptcy may require trustee permission for international travel.
Detailed Questions & Answers
General Debt Relief
Common questions about general debt relief
Consumer Proposals
Common questions about consumer proposals
Bankruptcy
Common questions about bankruptcy
Debt Consolidation
Common questions about debt consolidation
Credit and Recovery
Common questions about credit and recovery
Still Have Questions?
Our Licensed Insolvency Trustees are here to help you understand your options