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4 Warning Signs Your Debt Is Out of Control (And What to Do Next)

Feeling stuck, stressed, or avoiding your bank account? You aren’t alone.

In this compassionate, practical webinar, New Leaf Debt Solutions breaks down how debt builds up, the emotional toll it takes, and the exact legal paths available to Canadians to regain control. Learn how to spot early warning signs like the “minimum payment trap,” understand the difference between secured and unsecured debt, and discover structured options like Debt Management Plans, Consumer Proposals, and Bankruptcy.

Key Takeaways & What You’ll Learn

  • 4 Warning Signs of a Debt Crisis: Identify the minimum payment trap, card-shuffling, “paycheck math” issues, and financial avoidance.
  • Types of Debt in Canada: Understand how unsecured credit cards, secured loans, collections, and CRA tax debts are handled differently.
  • The Psychological Side of Debt: Break the isolation, shame, and stress created by a system designed to keep you paying interest.
  • 6 Actionable Debt Solutions: Compare self-pay strategies (Avalanche vs. Snowball), hardship calls, consolidation loans, Debt Management Plans, Consumer Proposals, and Bankruptcy.
  • CRA Wage Garnishment Relief: How formal legal processes like Consumer Proposals stop interest and protect your wages.
  • 3 Immediate Action Steps: Create your “scary number” list, make hardship calls, and book a free expert consultation.