15 Most Commonly Asked Consumer Proposal Questions – Part 1

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

3 Important Things to Consider When Applying For a Consumer Proposal

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

How to Stop Collection Calls with a Consumer Proposal

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

Are you eligible for a consumer proposal?

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

Top 10 Benefits of Consumer Proposal

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

Consumer Proposal Review: What Types of Debts Can Be Included In a Proposal?

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

The Role of a Trustee in Consumer Proposal or Bankruptcy

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

Do You Really Need to File a Consumer Proposal?

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

Consumer Proposal vs. Debt Settlement – Which one is for you?

The graphic below compares the benefits of a Consumer Proposal and Debt Settlement. Before we take a look at the chart it’s important to note that both are viable solutions to resolving debt pro... Read more

Consumer Proposal Acceptance Rates

Consumer proposal applicants often worry if their proposal will get accepted and what to do if it’s not. Today we’d like to share some thoughts and statistics to calm your fears. We com... Read more