In January of this year, the Financial Consumer Agency of Canada, a Government of Canada agency, issued a consumer alert entitled Debt Reduction Companies: Beware of “Too Good to Be True” Offers.

Learn what to do when you can't afford the payments in your proposal.

As Canadians, we have a number of choices available to us in determining the best solution for managing our debts. Obviously, everyone’s circumstances will be a bit different, it's best to ask a few questions first to better understand your needs.

Orderly Payment of Debts is a debt repayment arrangement in the provinces of Alberta, Saskatchewan, Prince Edward Island and Nova Scotia.

In Canada, creditors assign credit ratings on a scale of 1 to 9, with 1 meaning your payments are being made on time and 9 meaning your debts are in collection or considered uncollectible.

What is a Consumer Proposal and can it solve my debt problem?

We'll review the various bankruptcy alternatives that are available in helping you manage your debt. These include a loan consolidation, an informal proposal or a formal consumer proposal.

We'll review who needs to be informed about your bankruptcy filing. The notification process can vary depending on how many assets you have when you file.

Learn how a secured credit card can help rebuild your credit rating after being discharged from a bankruptcy.

Which tax refunds you keep or lose in a bankruptcy