2025-10-17
How buyer’s remorse laws can help you stay out of debt
This is called buyer’s remorse. In some cases, Canadian law provides protections that can help you reverse these costly decisions and avoid sinking further into debt.
2012-08-14
If you filed bankruptcy and did not complete your obligations it is likely that you have not been discharged, which means you remain in bankruptcy and are still responsible for your debts that were owing at the date of bankruptcy. As an undischarged bankrupt you may not file another assignment in bankruptcy or a consumer proposal. However, you do not need to file another bankruptcy to deal with the outstanding issues. You should contact the trustee to make arrangements to complete your obligations and obtain your discharge. If the trustee has been discharged, its file may be closed, additional fees to reopen your file and complete the administration of your bankruptcy may be required. Also, If the trustee has been discharged, then the protection you received from your creditors has been lifted, so completing your obligations and getting your discharge should be a priority.
2025-10-17
This is called buyer’s remorse. In some cases, Canadian law provides protections that can help you reverse these costly decisions and avoid sinking further into debt.
2025-10-13
Debt Solutions Lifestyle Debt
When relationships end, shared debt can become a lasting burden. Here’s what to know about your responsibilities, risks, and financial options.
2025-10-06
MNP Consumer Debt Index
Ontarians’ financial vulnerability is intensifying as persistent economic uncertainty, concerns about borrowing costs, and employment anxiety weigh on household confidence.