Why the Bank Doesn’t Take Your House or Car Away, If You File Bankruptcy or Do a Proposal

The answer is in Section 84.2(1) of the Bankruptcy & Insolvency Act which states: 84.2(1) Certain Rights Limited - No person may terminate or amend or claim an accelerated payment or forfeiture of the term under any agreement, including a…

Tax Debt: Settling CRA Debt With a Consumer Proposal

Another settling of Tax Debt! The person we are helping, we will call him “the Debtor,” owed Canada Revenue Agency approximately $155,000.00 in unpaid income taxes. The Debtor was an honest person who unfortunately got caught up in all of…

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Bankruptcy, Money Management and Debt Help Tips

Why the Bank Doesn’t Take Your House or Car Away, If You File Bankruptcy or Do a Proposal

Tax Debt: Settling CRA Debt With a Consumer Proposal

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