Far too often debt problems come crashing into our lives like a ton of bricks. When you're feeling the anxiety and pressure of debt it's not easy to see the real and not-so-immediate signs that financ... Read more
Congratulations! You've paid off your consumer proposal. Now that those payments are behind you it's time to work on your credit score as it will reflect an R7 rating for three more years. Of cours... Read more
Canadians have many questions about what a Consumer Proposal is. Here are some brief answers to some of the most popular questions we get asked every day. 1. How does a Consumer Proposal exactly wo... Read more
Debt can be a deep hole that’s very difficult to get out of. Millions of people struggle with this massive financial burden and desperately look for solutions that can help. One such solution is... Read more
Unfortunately most people today have some sort of debt hanging over their heads. When something unexpected happens, like a sudden job loss, divorce or medical crisis it’s really easy to fall beh... Read more
What is a Consumer Proposal A Consumer Proposal is a legal agreement between you and your creditors to negotiate the repayment of the money you owe. You can ask for a reduction of the debt owed and... Read more
Filing a Consumer Proposal is one the most popular alternatives to going bankrupt in Canada. It is a legal agreement between you and your creditors to negotiate the repayment of the money you owe. Whi... Read more
When considering a Consumer Proposal as a debt solution you must be aware that there are different types of debts, and some debts may need to be paid back in full after you complete the payments on yo... Read more
In Canada, a Licensed Insolvency Trustee (also known as a LIT or Trustee in Bankruptcy) is a person licensed by the Office of the Superintendent of Bankruptcy to administer bankruptcy proceedings and ... Read more
Money has always been a very private and delicate matter for most people. We don’t share how much we earn, save and especially owe, in the open. Only our spouses or partners, and sometimes peop... Read more