Blog Posts

Understanding Consumer Proposals

Consumer proposals are the most commonly used form of proposal to resolve debts when you have the ability to pay a meaningful portion of your debts in a reasonable period of time.

August 15, 2020

Consumer Proposals

What is a consumer proposal and how does it work?

What Is a Consumer Proposal?

July 7, 2020

Consumer Proposals

What does a consumer proposal cover?

If you're in debt, struggling to make repayments and now your income isn’t what it used to be, you may have started receiving demands from collection agencies. Trust me when I tell you, "you are not alone". Many people are in the same position.

June 5, 2020

Consumer Proposals

Keeping your Savings with a Consumer Proposal

How does making a consumer proposal affect your TFSAs and RRSPs? With a consumer proposal, you get to keep your assets, which includes your tax free savings account and your RRSPs.

October 8, 2019

Consumer Proposals, Asset Concerns

Debt Settlement Offers Are Not A Good Idea

Have you seen TV or online ads from companies claiming they can reduce your debts by up to 80%? Although these ads may seem appealing to you if you are struggling with debt, the promises they make are too good to be true.

September 28, 2019

Consumer Proposals

Is my debt also my spouse's debt?

Your debts do not affect your spouse’s credit rating!

July 25, 2019

Consumer Proposals, Bankruptcy, Debt and Relationships

Debt in Canada and the USA is Not the Same

Although personal debt is an issue that can touch anyone, it’s not the same for everyone.

April 11, 2019

Consumer Proposals, Bankruptcy