Answers

Tips, Tricks, Help & Relief Options

Dealing with debt often brings many questions, and you’re not alone in seeking answers. On this page, we’ve gathered the most common questions about debt in Canada based on the real-life experiences of people just like you. From understanding how debt affects your credit to exploring available relief options, these questions reflect many Canadians’ genuine concerns.

Financial Solutions for Canadians

We aim to provide clarity and reassurance, reminding you that you’re not alone. Many others are walking the same path, and together, we can navigate these financial challenges to find a way forward.

Have a question you’d like to ask? Want to ask it anonymously? Ask any question about debt anonymously, and we’ll get back to you as soon as possible with an answer. Ask a debt question.


How to close my Equifax account? DEBT INSIDERS

How to close my Equifax account?

financial planning
Ready to close your Equifax account? Discover the simple steps to cancel your subscription online or via phone. Learn more to secure your finances today!
Are bankruptcies public record in Canada? DEBT INSIDERS

Are bankruptcies public record in Canada?

personal bankruptcy
Discover if bankruptcies are public record in Canada and who can access them. Learn about the OSB database access and find out more today!
How to qualify for consumer proposal? DEBT INSIDERS

How to qualify for consumer proposal?

consumer proposal
Discover how to qualify for a consumer proposal in Canada! Learn about debt limits, income requirements & the role of a licensed insolvency trustee. Read now!
Is consumer proposal same as bankruptcy? DEBT INSIDERS

Is consumer proposal same as bankruptcy?

consumer proposal
Know the key differences between a consumer proposal and personal bankruptcy in Canada. Learn more about your debt relief options and which path suits you best!
How to get inquiries removed from credit report?

How to get inquiries removed from credit report?

credit rebuilding
Struggling to remove hard inquiries from your credit report in Canada? Discover steps to dispute unauthorized inquiries and protect your credit. Learn more!
Does consumer proposal affect sponsorship? DEBT INSIDERS

Does consumer proposal affect sponsorship?

consumer proposal
Wondering if a consumer proposal affects your sponsorship eligibility in Canada? Discover the truth about immigration and debt management. Read now!
How much does a consumer proposal affect your credit?

How much does a consumer proposal affect your credit?

consumer proposal
Discover how a consumer proposal impacts your credit score. Learn about the R7 rating, recovery tips, and timelines. Read now for essential insights!
How long after debt settlement can I buy a house?

How long after debt settlement can I buy a house?

debt settlement
After debt settlement, the timeline for buying a house varies. Learn how long you should wait before applying for a mortgage & boost your chances for approval!
How long does a credit check take? DEBT INSIDERS

How long does a credit check take?

credit rebuilding
Discover the credit check duration in Canada for loans and mortgages. Get insights on how long it really takes and what to expect. Read now!
What happens to credit card debt when you die? DEBT INSIDERS

What happens to credit card debt when you die?

financial planning
Uncover what happens to credit card debt when you die in Canada. Learn about debt responsibility for estates and how it affects family members. Read now!