Debt Free®

The Debt Solutions People®

Blog Hero

How To Deal With Overwhelming Credit Card Debt

Men sitting down overwhelmed with credit card debt

Credit cards help cover costs in advance—they do not provide free money. They are a loan that requires repayment within the credit agency timelines, which many people can struggle with.   If you are struggling to pull yourself out of credit card debt, there are strategies you can use to take control of your situation, including […]

Read More…

Wage Garnishment In Alberta: Facts & FAQs for Employees & Employers

A close-up of a credit card statement and a ball-pen beside a white keyboard.

Wage garnishment in Alberta is slightly different from other provinces. In this article, we’ll review some frequently asked questions and facts around wage garnishment, including: The factors leading to wage garnishment vary from person to person, from unpaid credit card debt to outstanding personal loans or mortgage balances.  We may only be able to answer […]

Read More…

What is a Licensed Insolvency Trustee?

A professional-looking man reviewing a document with a short-haired young woman.

While some people know Licensed Insolvency Trustees (LIT) by their previous title, Trustee in Bankruptcy, LITs are dedicated professionals specializing in consumer and commercial insolvency in Canada. LITs are federally regulated professionals you can trust to provide advice, services, and solutions for your personal or business debt problems. With the help of experts, you can […]

Read More…

Bankruptcy vs. Consumer Proposal: What’s the difference?

A close-up photo of a person's hand holding a pen and filling out a bankruptcy form

Reducing or getting out of debt altogether can be a difficult decision. Sometimes, it can feel like overcoming decision making inertia. Many people assume they must declare bankruptcy if their debt is too difficult to manage. However, bankruptcy is not your only option for relieving debt.  A consumer proposal may be the right solution for […]

Read More…

What Is the Role of a Licensed Insolvency Trustee in Bankruptcy?

A Licensed Insolvency Trustee in his office a female client is consulting about bankruptcy

Filing for bankruptcy is a serious decision that can affect your financial future. Wiping out your approved debts and beginning again with a blank slate may be the key to starting over with your credit. Bankruptcy is not a decision you should make on your own. Licensed insolvency trustees are invaluable resources to help you […]

Read More…

Can Debt Consolidation Help With Student Loans?

a graduation cap sitting on a calculator

Graduating from post-secondary school is an exciting accomplishment, but when you come out of school with student loan debt, you have to face loan repayment.   If you receive loans from multiple sources, such as the federal and provincial governments, or private loans and lines of credit from banks, you will have several payments to keep […]

Read More…

instagram facebook facebook2 pinterest twitter google-plus google linkedin2 yelp youtube phone location calendar share2 link star-full star star-half chevron-right chevron-left chevron-down chevron-up envelope fax