A question we often get asked when starting the consumer proposal process is what happens after filing a proposal. There’s a lot of things that will and can happen during the consumer proposal process, which is why we’ve decided to cover it all here today. In this article, we’ll take you through each step of … Continue reading Canada’s Consumer Proposal Process: Start to Finish
In this article, we will outline the steps you need to take when dealing with a demand letter from the CRA.
We hear this question all the time; what is a consumer proposal, and how will it affect me? A consumer proposal is a formal arrangement filed by a licensed insolvency trustee (LIT) under the Bankruptcy and Insolvency Act (BIA). It is a viable alternative to bankruptcy if your debts do not exceed $250,000 (not including … Continue reading What is a Consumer Proposal?
In these unprecedented times, small businesses across Canada have relied on financial assistance to navigate the challenges brought about by the global pandemic. One significant form of support was the Canada Emergency Business Account (CEBA) loan. As we near the end of 2024, it is crucial for borrowers to stay informed about the updates surrounding … Continue reading 2024 CEBA Loan Updates: Everything You Need to Know
Determining which route is best for you can be difficult for dealing with your debt. That’s why we’ve created our interactive debt calculator.
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