Take Charge of Your Debts - Office of Consumer Affairs

Warning Signs of Debt Before Going Further 'Last Resort' options Information on Collection agencies Credit and Credit Repair Resources for Educators

Welcome to your online one-stop-shop on how to better manage your debt.

This online tool from the Government of Canada will help you fully understand your debt problems and some options that are available to you, regardless of your level of debt and to whom you are indebted. You will also find information on making a budget and budget counselling, collection agencies, credit and credit repair. Finally, if you wish to further increase your knowledge in any of these subject areas, a list of relevant publications is provided for your reference.

The Office of Consumer Affairs would like to thank all of its collaborators for their valuable help in this project: The ACEF de l'Outaouais staff, Dr. Ruth E. Berry (Manitoba Association of Home Economists), Rob Boulanger (Credit Counselling Services of Atlantic Canada, Inc), Jocelyne Lévesque (Université Laval), the Office of the Superintendent of Bankruptcy and Fran Smith (Credit Counselling Services of Alberta Ltd.).

Disclaimer
When businesses or consumers cannot pay their debts, they may file for bankruptcy or make a proposal (a payment arrangement with their creditors to prevent bankruptcy). These are legal proceedings carried out under the Bankruptcy and Insolvency Act and must be registered with the Office of the Superintendent of Bankruptcy.

Take Charge of Your Debts may not be relevant for people involved in either process.

Important – the content of this information product does not constitute legal advice and should not be relied upon as such. If you need legal advice on a specific matter, please consult your legal advisor (or your lawyer).