Expert insights on debt relief, budgeting, and financial literacy in Canada.
People with debt problems often wonder – what is the difference between Credit Counselling (also known as a Debt Management Plan) and a Consumer Proposal? After all, they both are agreements with creditors to come…
Elliot J. RotfarbUpdated Aug 10, 2020
As with anything we don’t know much about it is human nature to begin researching and asking questions about an unfamiliar topic. With reg…
The infographic below compares a Consumer Proposal to a Debt Consolidation Loan – how they work and the benefits of each one. Before we ta…
Dealing with unpaid business obligations can get a little messy – it can be a challenge for a business owner to determine what steps to ta…
Before we go into comparing each program and looking into the advantages and disadvantages of each one, it’s important to point …
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 …
In Ontario, the most effective way to obtain relief from debt problems without filing for bankruptcy is through a Consumer Proposal. A C…
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 …
Thousands of Canadians are choosing a consumer proposal as their debt management option because of the many benefits it offers. In this article …
