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What is the difference between bankruptcy and a consumer proposal in Canada?

When debt becomes overwhelming, many Canadians start looking for real solutions. Two options usually come up first: bankruptcy and a consumer proposal. Both are federally…

Debt relief
By Bromwich+Smith Team 07 Mar, 2026

Understanding your debt relief options in Canada

Across Canada, many households are feeling the strain of higher everyday costs. Statistics Canada reports that the price of food and housing is rising, leaving many households with less room…

Debt relief
By Bromwich+Smith Team 05 Feb, 2026

What I wish I knew before starting my debt relief journey

“I can’t get into more debt.”   This was the big fear holding Angela back from contacting a Licensed Insolvency Trustee to learn more about a consumer proposal and other financial options. Angela isn’t her real…

Debt relief
By Shelley Vandenberg 20 Jan, 2026

When money gets tight: How families are finding stability in uncertain times

There’s a moment when debt reaches a tipping point. When the pain of worrying about money just has to stop.  As ordinary expenses keep going up, and when a paycheck doesn’t stretch as far as it used to, Canadians are…

Debt relief
By Shelley Vandenberg 20 Jan, 2026

Insolvency? Debt relief? What do these terms mean?

If you’ve been searching the web trying to figure out how to deal with debt, you probably keep coming across these terms. But really understanding what “insolvency” and “debt relief” means, requires…

Debt relief
By Bromwich+Smith Team 10 Dec, 2025

Understanding which debt solution you qualify for

More Canadians are feeling the strain of debt today, as rising living costs and higher borrowing pressures outpace the ability of Canadians to cover living expenses with their existing incomes. …

Debt relief
By Shelley Vandenberg 03 Dec, 2025

Money habits that help or hurt your financial health

Money touches every part of our lives. But for many of us, it’s easier to avoid looking closely at our spending habits or financial health.…

Financial tips
By Bromwich+Smith Team 24 Sep, 2025

Buy now, pay later: how it can increase your debt

Over the past few years, buy now pay later plans, also known as BNPL, have gained popularity and have become a convenient way to shop.…

Financial tips
By Bromwich+Smith Team 08 Sep, 2025

How subscription spending can quietly increase your debt

Subscriptions have become an incredibly common way companies make their products and services available to us. Typically for a monthly fee you get access to…

Financial tips
By Bromwich+Smith Team 08 Sep, 2025

Letting go of the stigma around debt

Debt takes a toll on more than just your bank account. It can quietly wear down your confidence. For many, just hearing the word “debt”…

Financial wellness
By Bromwich+Smith Team 26 Aug, 2025

Consumer proposal acceptance rate explained

When you’re exploring debt relief options, acceptance rate may be a term you gloss over in your research, but it shouldn’t be. A Licensed Insolvency…

Debt relief
By Bromwich+Smith Team 21 Apr, 2025

Why setting financial goals helps you get ahead

Setting financial goals is a key part of budgeting and growing financially. When thinking about setting financial goals, it’s smart to think of SMART goals……

Financial tips
By Bromwich+Smith Team 16 Apr, 2025

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