Bankruptcy & Your Credit Score – What You Should Know

As with anything we don’t know much about it is human nature to begin researching and asking questions about an unfamiliar topic. With regard to bankruptcy, since most people have never had to f... Read more

Consumer Proposal vs. Debt Consolidation Loan – Which one is right for you?

The infographic below compares a Consumer Proposal to a Debt Consolidation Loan – how they work and the benefits of each one. Before we take a look at the chart it’s important to note that... Read more

Business Bankruptcy 101 – What Small Business Owners Should Know

Dealing with unpaid business obligations can get a little messy – it can be a challenge for a business owner to determine what steps to take to rectify a cash-flow problem or address complex fin... Read more

Consumer Proposal or Bankruptcy – Find Out Which One Is For You!

Before we go into comparing each program and looking into the advantages and disadvantages of each one, it’s important to point out that both programs are designed to help honest but u... Read more

How does a Consumer Proposal work exactly?

A Consumer Proposal is a legal agreement between you and your creditors to negotiate the repayment of the money you owe. Usually the debtor can ask for a reduction of the debt owed and a new prolonged... Read more

Consumer Proposal & Your Credit Rating

In Ontario, the most effective way to obtain relief from debt problems without filing for bankruptcy is through a Consumer Proposal. A Consumer Proposal is a legally binding agreement with you... Read more

Is It Time To File Personal Bankruptcy? Here Is Your Step-By-Step Guide

You have debts and you are pretty sure it is time to file for bankruptcy but you are intimidated by the thought. Bankruptcy is a life-changing process that you have never been through b... Read more

Pro’s and Con’s of Consumer Proposal

Thousands of Canadians are choosing a consumer proposal as their debt management option because of the many benefits it offers. In this article we’ll go over some of the negatives and positives ... Read more

Consumer Proposal Calculator: Canada

In Ontario, the most effective way to obtain relief from debt without filing for bankruptcy is through a Consumer Proposal. A Consumer Proposal is a legal agreement between you and your creditors (inc... Read more

Q & A

What is Bankruptcy? Bankruptcy is a legal proceeding available to a person or corporation in order to cope with a financial crisis. One of the main purposes of the bankruptcy legislation is to give... Read more