Expert insights on debt relief, budgeting, and financial literacy in Canada.
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 problems. The choice y…
Elliot J. RotfarbUpdated Aug 10, 2020
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 so…
One of the most popular consumer proposal questions we get has to do with life after the proposal. Applicants often inquire about the impact on …
When you file a consumer proposal you are able to keep all of your assets such as a home or a car. As long as you continue to make the monthly m…
If you’re struggling financially and can’t seem to get ahead with repaying your debts a Consumer Proposal may be a good option to ge…
If you owe money to the CRA filing a Consumer Proposal may help. Canadian Revenue Agency is considered an unsecured creditor and provided your i…
Elected as Canada’s 23rd Prime Minister, as head of the Liberal party, Justin Trudeau has officially been sworn in to become Canada&r…
Most people are pleasantly surprised when they hear that Consumer Proposal filing is free. Yes, there are costs associated with the program but …
A consumer proposal filed by two or more persons is called a Joint Consumer Proposal. It works the same way as a regular proposal except that it…
