Over the years of providing Burnaby debt relief services for my clients I have seen that many people don’t want to go bankrupt, they WANT to make good with their creditors, they want to at least make some kind of arrangement with their creditors and pay back a portion of what they owe. This is … Continue reading A Consumer Proposal ensures that you won’t lose your shirt…
As Canadians we live in one of the top 20 wealthiest countries of the world. So why is it that over 63,000 Canadians claimed bankruptcy in 2015? Let’s take a look at some of the possible reasons why so many people in Canada have to give up and claim bankruptcy. Spending more than you earn … Continue reading Why do Canadians go Bankrupt?
So, you’ve got some debts, and your attempts to solve the problems on your own haven’t worked out. You’re either a renter, or the house you own doesn’t have enough equity in it to refinance and come up with enough money to pay the debt off. Any assets you could sell wouldn’t put much of … Continue reading 9 Reasons a Consumer Proposal is Almost Always a Better Idea Than a Bankruptcy
The Top Ten Questions about Consumer Proposals Searching for answers when you’re having financial difficulties is a grim task. You’ll hear scary words like “bankruptcy,” “unsecured debts,” and “asset liquidation”. Thankfully there are a lot of options available for those that find themselves mired uncomfortably in debt. A consumer proposal is an alternative to bankruptcy, … Continue reading The Top Ten Questions about Consumer Proposals
How will a Bankruptcy or a Consumer Proposal affect your credit rating? If you are searching for answers to your debt problems, you may have come across or looked into bankruptcy or a consumer proposal. You might know a little about what each of those options can do for you, but how do they impact … Continue reading How will a Bankruptcy or a Consumer Proposal affect your credit rating?
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