Consumer Proposal vs. Bankruptcy – We Break It Down

Consumer proposal vs. bankruptcy – what is the difference, and which one is the best choice for you? If you want to find out the answer, read on! For Canadians struggling with debt, both filing for a consumer proposal and filing for bankruptcy...

Posted March 4, 2020 | by admin |in Bankruptcy, Blog, Consolidate Debt, Consumer Proposal, Consumer Proposal in Canada, Consumer Proposal in Ontario, Consumer Proposal vs. Bankruptcy, Deal with Debt, Debt Consolidation, Debt Help, Filing for Bankruptcy, Get Out of Debt, Getting Out Of Debt, How To Consolidate Debt

How is a Consumer Proposal Different from a Bankruptcy?

Consumer proposal vs. bankruptcy — what’s the difference? At first glance, they can appear similar. Both clear your debt, stop collection action, and can harm your credit. But when we get into the nitty-gritty, there are several big things...

Posted August 22, 2018 | by admin |in Bankruptcy Trustee, Blog, Consumer Proposal, Consumer Proposal vs. Bankruptcy, Get Out of Debt

What Does A Trustee Do?

If you have financial problems and have thought about consulting a trustee in bankruptcy, you may be curious about the role that they play in helping you deal with your financial problems, and may be asking yourself “what does a trustee do...

Posted August 21, 2012 | by admin |in Articles, Blog, Budgeting, Collections Debt in Canada, Consolidation Companies in Canada, Consumer Proposal, Credit Card Debt, Credit Card Debt Settlement, Credit Counselling, Credit Counselling Agency, Credit Counselling Canada, Deal with Debt, Deal with your Debt, Dealing With Debt, Debt Consolidation, Debt Consolidation Companies, Debt Consolidation Companies in Canada, Debt Consultants, Debt Reduction, Debt Settlement, Federal Government Programs, Financial Challenges, Financial Consultants, Financial Options, Have a Financial Problem, Have Financial Problems, Independent Financial Representation, Intro to DebtCare, Managing Your Debt, Money Management, Represented in a Consumer Proposal, Seek Financial Guidance, Struggling with Debt, Too Much Debt, What does a Trustee do?

Canada Revenue Agency Forms and Requests: – Beware

If you have a tax debt that you cannot pay in full, you should be very careful dealing directly with the Canada Revenue Agency (CRA). In fact, many agencies, including law firms, advise people who have large tax debts not to deal with the...

Posted June 25, 2012 | by admin |in Blog, Canada Revenue Agency Collections, Canada Revenue Agency Forms and Requests, Collections Debt in Canada, Deal with Debt, Dealing With Debt, Debt Consultants, Debt Reduction, Debt Settlement, Federal Government Programs, Financial Consultants, Garnishment of Wages in Canada, Money Management

How to Make a Credit Card Debt Settlement

When credit card debt begins to build up it can become very difficult to pay off. Credit cards bear monthly compound interest so if you get into a routine of making minimum monthly payments, the interest can sometimes be as much as the payment...

Posted June 19, 2012 | by admin |in Blog, Canada Revenue Agency Collections, Collections Debt in Canada, Credit Card Debt, Credit Card Debt Settlement, Dealing With Debt, Debt Consultants, Debt Reduction, Debt Settlement, Federal Government Programs, Financial Consultants