Addressing addiction-related debt requires a multi-faceted approach, including seeking treatment for addiction, creating a budget, prioritizing debt repayment, and exploring debt relief options such as Bankruptcy or a Consumer Proposal. Seeking support from addiction recovery programs and financial professionals can help individuals develop a comprehensive plan for financial recovery. Reach out to a Licensed Insolvency Trustee to discuss a plan...

Rebuilding credit after overcoming addiction-related debt requires patience and diligence. Start by obtaining a secured credit card, making timely payments, and keeping credit utilization low. Consistently monitor your credit report for inaccuracies and focus on building positive financial habits to demonstrate creditworthiness over time.

Yes, you can file for Bankruptcy if your debt is primarily due to addiction-related expenses. Bankruptcy is a legal process designed to provide individuals with a fresh start by eliminating or restructuring debt. Whether your debt stems from substance abuse, gambling, or other addictive behaviours, Bankruptcy can offer relief from overwhelming financial burdens.