by freshstartbc | Aug 6, 2020 | Insolvency
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...
by freshstartbc | Apr 1, 2020 | Bankruptcy, Budgeting, Canada Revenue Agency, Consumer Proposal, COVID-19, Income Tax, Insolvency
There are plenty of Canadian’s having issues with their budget this month, as we all deal with this nearly unprecedented situation. This can be a stressful time, both emotionally and financially, as it wears on a person when they aren’t sure how they can...
by freshstartbc | Oct 17, 2019 | Bankruptcy, Budgeting, Consumer Proposal, Insolvency, surplus income
When you make an assignment into bankruptcy, you are required to make a surplus income payment. This is a contribution to your estate each month based on your monthly net take home income. Somewhat of a confusing term, as surplus income is based on your net take home...