A debt-relief company may offer coaching, budgeting help or negotiation services, but only a Licensed Insolvency Trustee can administer a consumer proposal or bankruptcy in Canada
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Current on your mortgage but relying on credit to cover essentials? Ontario homeowners have more options when they get advice before a missed payment or legal action.
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Power of sale and sheriff’s sale can both put an Ontario home at risk, but they work very differently. Learn how each process starts and how a proposal may affect it.
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Ontario’s N4 notice period drops from 14 days to seven days on September 21, 2026. Learn what changes, what stays the same, and how rent arrears may interact with a consumer proposal.
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Ontario consumer insolvency filings rose sharply in early 2026. Learn what is driving the trend and when to seek debt-relief advice.
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Learn why credit card balances can stay stubbornly high in 2026, what warning signs to watch for, and when to explore debt-relief options.
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Canadian insolvency filings have reached their highest level since 2009, reflecting growing financial pressure across the country. Learn why Ontario is seeing faster growth, what's driving the trend, and how consumer proposals, bankruptcy, and other debt relief options may help.
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Unsecured Creditors Are Forcing Property Sales Across Ontario through Writs of Execution
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Falling behind on bills can feel overwhelming, but it does not mean you are out of options. Many Ontarians in 2026 are struggling with rising living costs, higher borrowing expenses, and growing financial pressure. This guide explains what happens after missed payments, how collection activity works, warning signs of serious debt, and the debt relief options available in Ontario, including consumer proposals and bankruptcy.
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Many Ontarians in 2026 are working hard, budgeting carefully, and making regular payments, yet still finding it difficult to get ahead financially. Rising living costs, high interest rates, and unexpected expenses have made debt harder to manage, even for responsible households. This guide explains why debt can persist despite good financial habits and explores realistic relief options available in Ontario.
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Debt problems often build gradually, not overnight. What starts as using credit for groceries or utilities can turn into minimum payments, borrowing to cover other debt, and eventually missed payments and collection calls. This guide explains the 4 stages of debt escalation, warning signs to watch for, and the debt relief options available in Ontario if debt is becoming harder to manage.
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Debt pressure remains high across Ontario in 2026 as rising living costs and expensive borrowing make it harder for many Canadians to keep up financially. This guide explains why debt problems are increasing, what happens when payments are missed, and what options may be available under Canadian insolvency law.
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Middle-income Canadians have been under increasing financial pressure due to a combination of economic factors. These pressures are making it difficult for many individuals to keep up with living expenses and manage rising debt levels effectively.
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Once a consumer proposal is filed, the creditors are given a period to respond and vote on whether they accept the proposal. If they reject the proposal, the situation becomes more complex, but that doesn’t mean all is lost. At the Litvack Group, we’re here to help you regain control of your finances and work towards a brighter financial future.
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Online gambling has been growing at an alarming rate in Canada, especially with the legalization of sports betting and the availability of various gambling apps. These platforms have made gambling more accessible than ever before, causing an increase in gambling debt across Ontario.
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Payday loan debt can spiral quickly in Ontario due to high fees and short repayment timelines. Learn why it happens and what options exist to get out of the cycle.
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Student loan debt in Ontario remains a major financial pressure for many graduates despite interest-free policies. Learn how repayment works, what relief programs exist, and when professional help may be appropriate.
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Mortgage renewal stress and mounting debt can feel overwhelming. This can feel especially overwhelming after the holiday season. This guide explains safe, legal solutions in Ontario and how a Licensed Insolvency Trustee can help you regain financial stability.
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Every January, more people across Ontario find themselves dealing with collection calls and creditor pressure. Knowing your rights and what collectors can and cannot legally do is key to handling these calls calmly and confidently.
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Credit card debt can feel impossible to escape, especially after the holiday season. This guide explains safe, legal solutions in Ontario and how a Licensed Insolvency Trustee can help you regain financial stability.
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Post-holiday debt can feel impossible to escape. Statements flooding in and pressure to eliminate debt from the past year or years accumulates fast. This article explains safe, legal solutions in Ontario and how a Licensed Insolvency Trustee can help you regain financial stability.
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High interest debt can feel impossible to escape, especially after the holiday season. This guide explains safe, legal solutions in Ontario and how a Licensed Insolvency Trustee can help you regain financial stability.
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Debt stress affects thousands of Ontarians who are struggling with rising expenses, high interest debt, and constant financial pressure. From sleepless nights to strained relationships, unmanaged debt can impact every part of life. This guide explains the signs of debt stress, why common strategies often fall short, and how Licensed Insolvency Trustees at the Litvack Group help individuals reduce debt, stop collections, and regain long-term financial stability through legal debt solutions.
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Struggling with debt in Ontario? This practical guide walks you through how to set clear financial goals, understand your legal debt relief options, and build a path toward lasting financial stability. Learn how Licensed Insolvency Trustees like the Litvack Group can help you take back control—step by step.
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Many Ontarians struggle with high-interest debt and limited financial knowledge. This guide explores how financial literacy and federally regulated solutions—like consumer proposals and bankruptcy—can help you break free from the debt cycle.
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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
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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.
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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.
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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.
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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
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If you can’t close on your pre-construction condo or house, don’t panic—there are practical solutions
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Find out if a consumer proposal is bad for your financial future
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Struggling with collection calls in Canada? Learn how to protect your rights, stop unwanted calls, and find debt relief options in this help
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There are several strategies and resources available to help Canadians tackle their debt problems while keeping their home.
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Buy Now Pay Later has become very popular in Canada. Find out out more about this payment option in our comprehensive guide.
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Learn about payday loan regulations in Ontario to protect yourself before getting a payday loan
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Learn tips on how to prepare your budget for the holiday season
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This article explains why it is important to regularly check your credit score. It discusses how credit scores are calculated,
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If you don't pay your taxes in Canada you could face some severe consequences. Find out about your obligations as a Canadian resident.
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You may want to reduce your car debt because you are having trouble making monthly payments or want pay off the loan early.
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Recessions are hard times for all of us. During an economic recession, people face financial distress and need to find ways to survive.
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Paying debt collection companies can be a difficult decision. It is important to be aware of the potential risks
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Learn about the right to offset and how it works in Canada
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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
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Have your wages been garnished? Find out more about why wages are garnished and how to stop the garnishment
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