ETR 407 debt collection refers to the collection of unpaid tolls and fees from Ontario drivers by Highway 407 ETR.  Ignoring these debts does not make them disappear. The collection of unpaid ETR 407 debt can escalate to licence plate denial, damaged credit, and potential legal action if left unpaid for a prolonged period of...Continue reading

This article is for general informational purposes only and does not constitute legal, tax, or financial advice. Laws and figures referenced above — including limitation periods, CRA collection rules, and program thresholds — are current as of the publication date and may change. Please consult a licensed insolvency trustee, accountant, or legal professional for advice...Continue reading

What is a Personally Guaranteed Loan? A personally guaranteed loan is a type of loan where an individual guarantees repayment, typically with their personal assets, even if the loan is taken out for a business.  This means that if the business defaults, the lender can go after the guarantor’s personal assets, like their home or...Continue reading

With overly complex language and a lack of early education, it’s no surprise that so many Canadians are financially illiterate and struggling with debt. Navigating Canada’s debt industry is already difficult for Canadian-born debtors, let alone immigrants living in Canada for the first time. That’s why we’ve created this article specifically for Canadian immigrants who...Continue reading

Last updated: October 2026 In 2026 alone, over 70,000 consumer proposals were filed across Canada — a record high — reflecting how many households are turning to government-approved solutions to resolve their debt. If you’re struggling with unmanageable debt, you may have heard that there are government-approved debt relief options in Ontario — and there...Continue reading

Here’s a breakdown of the 10 best debt relief companies in Canada using review data available on the independent site Trustpilot. Quick Answer: Best Debt Relief Companies in Canada (2026) If you’re looking for a fast answer, here are Canada’s top-rated debt relief companies based on verified Trustpilot reviews, organized by the type of help...Continue reading

I think you’ll really agree with me when I say that the debt industry is really confusing, especially when it comes to consumer proposal vs. bankruptcy. You have credit counselling societies, bankruptcy trustees, debt settlement firms, consolidation loans, consumer proposals, and a lot of different views on how you should deal with your debt. The...Continue reading

As a debt restructuring specialist, I spend all my days working with and for Canadian consumer debtors facing insolvency. When you approach insolvency, you are basically seeking to negotiate with your creditors to relieve or eliminate your debt, and our job is to help our clients understand this process and make the best decisions possible...Continue reading

Your Survival plan – When your payments exceed your income. Let’s not beat around the bush, these are scary and stressful times. Remaining physically healthy is the priority — and thankfully, most of us seem to be achieving that.  However, very few of us can say our current or future financial situation is a healthy...Continue reading

As a parent, one of the things you are most likely to teach your child is that they shouldn’t touch a hot element on a stovetop because it will hurt them. However, it is just as important to teach them about other less obvious things that can hurt them as well, such as mismanaged finances....Continue reading