Understanding the debt relief options available in Canada is crucial when it comes to selecting the right option for your financial situation. At the Litvack Group we specialize in helping individuals and families evaluate all debt relief options, to make an informed decision

Let’s be very clear: no amount of budgeting will solve unmanageable debt. If your income doesn’t cover your basic needs and minimum payments, you're likely in what's called a structural debt position, your debt is growing faster than you can pay it off.

Living under the weight of debt is stressful enough, facing relentless calls and threats from collection agencies only adds to the pressure. Fortunately, Ontarians have strong legal protections when it comes to dealing with debt collectors.

Behind on taxes or CERB repayments? Learn how CRA collections work in Ontario, what enforcement actions to expect, and how a Licensed Insolvency Trustee can help you stop garnishments, freeze interest, and reduce your debt through a legal consumer proposal.

Missed a mortgage payment in Canada? Learn what happens if you don't pay your mortgage — from foreclosure and credit impact to legal action and government help

If you can’t close on your pre-construction condo or house, don’t panic—there are practical solutions

Find out if a consumer proposal is bad for your financial future

Struggling with collection calls in Canada? Learn how to protect your rights, stop unwanted calls, and find debt relief options in this help

There are several strategies and resources available to help Canadians tackle their debt problems while keeping their home.

Buy Now Pay Later has become very popular in Canada. Find out out more about this payment option in our comprehensive guide.

Learn about payday loan regulations in Ontario to protect yourself before getting a payday loan

Learn tips on how to prepare your budget for the holiday season

If you don't pay your taxes in Canada you could face some severe consequences. Find out about your obligations as a Canadian resident.

You may want to reduce your car debt because you are having trouble making monthly payments or want pay off the loan early.

Recessions are hard times for all of us. During an economic recession, people face financial distress and need to find ways to survive.

Paying debt collection companies can be a difficult decision. It is important to be aware of the potential risks

Learn about the right to offset and how it works in Canada

If you're struggling with debt and considering insolvency for financial relief, here are a few important tips that can help you make the rig

Have your wages been garnished? Find more of how your wages were garnished and how to stop the garnishment