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Struggling with debt? You are not alone.
Each year, a large number of Canadians choose to deal with their debt by filing a bankruptcy or consumer proposal. Approximately 137,178 filed in 2019 - over a lifetime, one in every six to eight Canadians may seek debt relief by filing a bankruptcy or proposal. What...
What about my credit score in bankruptcy or a consumer proposal?
One common concern when it comes to addressing debts through an insolvency is the effect that a bankruptcy or a consumer proposal will have on an individual’s credit score. The effect of an insolvency on a credit score is significant; however, with a little...
How to Save Money on Groceries.
Did you hear? Canadian families will pay nearly $700 more for groceries in 2021. It’s easy to waltz down the grocery store aisle and fill up your basket with things that are not on your list. Life is busy and its easy to pop into the grocery store to grab a few...
What About A Consolidation Loan vs Consumer Proposal?
You have undoubtedly seen or heard slogans like this: Combine all your debts into one low payment! Get the loan you need to get back on your feet! These are generally consolidation loans, and the basis for their appeal is quite straightforward. ...
How to get out of Credit Card Debt
Steps required to file a consumer proposal and get out of credit card debt! Are you struggling to keep up with your unsecured debts? Before filing for bankruptcy, you might consider a consumer proposal. What are the steps required to file a consumer proposal: Make an...
How to Budget for Christmas – 5 Easy Tips
Christmas time can be a period of high financial stress for a lot of people. There is the pressure of buying gifts, costly holiday outings, increased food cost, and potentially, travel expenses and missed time at work. Looking at all these potential demands on your...
How are Assets and Debt Divided in Divorce?
Does Debt get split during Divorce? Divorce debt is one of the major leading causes for financial strain and can leave many people crippled financially. There are many reasons why divorce can bring financial strain. The most obvious is that you are going from a...
Get a Fresh Start and Avoid Bankruptcy with a Consumer Proposal
Why should you avoid Bankruptcy? They say the borrower is slave to the lender. If you have a lot of unsecured debt, you certainly do not feel as free as you might like. This is particularly true if you are behind on your payments and are hearing from creditors and...
Five steps to a fresh start.
Discover the 5 steps to a Fresh Start. Declaring bankruptcy or filing a consumer proposal is a choice made by thousands of honest hard-working people every year. Try a fresh approach to starting over with our five easy steps to financial freedom. We are here to...