Debt guides

Use these debt guides to learn about debt. Explore many of the issues associated with debt, resolve your debt problems, make good decisions and get your finances back on track.


Understanding and managing debt in Canada.

Managing debt in Canada

In a nutshell

Learn about how debt works in Canada and explore many of the issues associated with debt so you can resolve your debt problems.

Debt relief

A guide to debt relief options in Canada.

Canada debt relief

In a nutshell

Learn about the pros and cons of the many debt relief solutions available so you can determine which one is right for you.

Debt collection

Learn how debt collection works in Canada.

Debt collection in Canada

Consumer proposal

A formal agreement to reduce and settle debt.

Consumer proposal

In a nutshell

A consumer proposal is a legally binding agreement between you and your creditors that allows you to reduce your debt, keep your assets and stop collection action.


Release the burden of debt and make a fresh start.

What is bankruptcy - Bankruptcy in Canada

In a nutshell

Learn how bankruptcy allows you to freeze interest on your debts, halt legal action, end wage garnishments, and eliminate your debt.

Insolvency Trustees

Learn about Licensed Insolvency Trustees (LITs).

Licensed Insolvency Trustees Canada

In a nutshell

A Licensed Insolvency Trustee provides debt advice and services to Canadians with financial difficulties.

Canadian Debt guides

Canada debt support guides

Dealing with debt can be intimidating and unpleasant, but don’t ignore it. You can take steps to improve your financial well-being and get out of debt for good.

Through the articles in this section, you’ll learn about all aspects of debt, including how to deal with debt collectors, debt relief solutions and ways you can get debt help.