We receive many questions regarding the difference between debt consolidation and a consumer proposal.
If you've already filed personal bankruptcy once in Ontario, it's important to consider all your options before filing a second time. Going bankrupt for a second time damages your credit for much longer than a first bankruptcy.
JULIE ASKED: I have bad credit due to a divorce from 7 years ago. I would like to know what my options are. I would prefer not to claim personal bankruptcy. Can this be done?