Blog
Understanding the Psychology of Credit Card Spending – What Ontario Consumers Need to Know
Ever wonder why it’s so easy to swipe your credit card — and so hard to pay it off later? The psychology of credit card spending helps explain why so many people in Ontario fall into patterns of overspending. It’s not just about budgeting — it’s about how our brains respond...
Why Young Adults Are Filing for Bankruptcy in Ontario
Filing for bankruptcy in Ontario is becoming a reality for more young adults as they face overwhelming financial pressure. From student loans and credit card debt to unstable employment and rising living costs, the financial landscape for millennials and Gen Z in Canada has...
Student Loan Debt in Ontario: What Grads Need To Know
For many recent graduates, student loan debt in Ontario is more than just a monthly payment—it’s a financial reality that shapes career choices, housing decisions, and mental health. Whether you borrowed through OSAP, the Canada Student Loans Program, or took out a private...
Money Mistakes Young Canadians Make in Their 20s
Financial independence in one’s 20s often comes with limited experience and minimal formal education in personal finance. For many young adults in Canada, this period marks the beginning of financial decision-making—yet it is also when some of the most costly money mistakes...
How Many Times Can You Make a Consumer Proposal?
If you're struggling with debt and looking for sustainable relief, a consumer proposal in Canada may be one of the most effective solutions available. But what happens if you’ve already gone through this process? Can you do it again? Is there a limit on how many times you...
Bankruptcy in Ontario: What It Means and Who It Helps
Bankruptcy in Ontario isn’t just a legal term—it’s a lifeline for people who feel like they’ve run out of options. If you’ve ever stared at a stack of bills wondering how you’ll make it through the month, or felt the dread of another collection call interrupting your day...
What Services Can a Licensed Insolvency Trustee Provide?
Financial struggles can feel overwhelming—but you're not alone, and there is help. A Licensed Insolvency Trustee (LIT) is a trusted professional who can provide the guidance and legal solutions you need to regain control of your finances. When bills pile up, credit cards are...
How to Get Out of a Car Loan in Canada When You’re Struggling
How to get out of a car loan in Canada is a question many people face when loan payments become too much to handle—and the answer depends on your financial goals, vehicle value, and available options. Owning a car in Canada is often more than a convenience—it’s a necessity...
Can I Keep My House If I Make a Consumer Proposal?
“Can I keep my house if I make a consumer proposal?” This is one of the most common questions Canadians ask when exploring debt relief options. The short answer is - Yes - if you want to and subject to a few conditions which we talk about below... If you're struggling with...
Can a Licensed Insolvency Trustee Advice on Budgeting Tips?
When most people hear the term Licensed Insolvency Trustee (LIT), they immediately think of bankruptcy and debt relief. While LITs do play a crucial role in helping individuals navigate insolvency and legal debt solutions, their expertise extends far beyond bankruptcy...
