Articles from our experts.

I’m an International Student in Debt in Canada: What Do I Do?

By Paul Murphy

Debt Help

International students have special considerations to keep in mind when holding debt within Canada. This article will answer all of the common questions asked to us by international students. Learn how to best recover from high debts before returning to your home country and/or beginning work. How International Students Get in Debt International students pay … Continue reading I’m an International Student in Debt in Canada: What Do I Do? →

When You Can’t Pay Off a Personally Guaranteed Business Loan

By Paul Murphy

Debt Relief

What is a Personally Guaranteed Loan? A personally guaranteed loan is a type of loan where an individual guarantees repayment, typically with their personal assets, even if the loan is taken out for a business. This means that if the business defaults, the lender can go after the guarantor’s personal assets, like their home or … Continue reading When You Can’t Pay Off a Personally Guaranteed Business Loan →

Can You Include Student Loans in a Consumer Proposal?

By Paul Murphy

Consumer Proposal

Student loans are a serious undertaking, especially for those fresh out of college. Student loans like OSAP total to over $20,000 per student on average, making repayment long and difficult. Over 77% of Canadian graduates over 40 say they regret taking out their student loans. When someone finds themselves unable to repay their loans, one … Continue reading Can You Include Student Loans in a Consumer Proposal? →

Debt Relief Options for Canadian Immigrants: A Full Guide

By Paul Murphy

Debt Relief

With overly complex language and a lack of early education, it’s no surprise that so many Canadians are financially illiterate and struggling with debt. Navigating Canada’s debt industry is already difficult for Canadian-born debtors, let alone immigrants living in Canada for the first time. That’s why we’ve created this article specifically for Canadian immigrants who … Continue reading Debt Relief Options for Canadian Immigrants: A Full Guide →

Will a Consumer Proposal Affect My PR Application in Canada?

By Paul Murphy

Consumer Proposal

A consumer proposal is a legal debt relief solution in Canada, governed and regulated by the Bankruptcy and Insolvency Act. A consumer proposal will impact your credit report — but the proposal itself, as well as its credit impact, won’t lead to immigration issues. Canadian immigration authorities do not consider your credit score or past … Continue reading Will a Consumer Proposal Affect My PR Application in Canada? →

4 Pillars Articles

I’m an International Student in Debt in Canada: What Do I Do?

When You Can’t Pay Off a Personally Guaranteed Business Loan

Can You Include Student Loans in a Consumer Proposal?

Debt Relief Options for Canadian Immigrants: A Full Guide

Will a Consumer Proposal Affect My PR Application in Canada?

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