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...
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...
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...
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. ...
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...