Consumer proposals are often thought of as an insolvent debtor’s last resort before having to file for bankruptcy. Learn more about Consumer Proposals and what you need to know on how to file a Consumer Proposal. What is a Consumer…
Canadians owe over $21,000 on average, not including mortgage debt. If you live in Ontario - and are having a hard time keeping up with your bills - it’s possible that number is considerably higher for you. Consider these statistics…
Are you starting to become overwhelmed by mounting debts? Maybe the collection calls are finally starting to get to you, or you’ve received notice of a garnishment order. Perhaps you’re concerned that bankruptcy is your only option. If this sounds…
Recent announcements of layoffs in Ontario by corporate giants like General Motors and Siemens will likely mean an exponential increase in the number of Ontario debtors filing for insolvency proceedings. Recently, General Motors’ CAMI assembly plant in Ingersoll announced it…
If you’re searching for ways to get help with your growing debt, you’ll no doubt encounter many different options. It can be confusing to know which solution is best for you and your family. That’s why the very first step…
If you’re considering filing for personal bankruptcy in Kitchener / Wateroo, it’s quite likely that you’ve become overwhelmed by growing debt. And if that’s the case, you’re not alone. In fact, last year, over 125,000 Canadians found themselves insolvent. This…
If you’re experiencing financial difficulties and starting to believe that bankruptcy is your only option, you might want to consider filing a Consumer Proposal. What is a Consumer Proposal? A Consumer Proposal is a payment arrangement with your creditors that’s…
If you’re thinking about filing for bankruptcy - or simply trying to avoid having to do so - your first and best step is to reach out to a Licensed Insolvency Trustee. Why would I want to contact a trustee?…
If you’re having financial difficulties, you are not alone. The number of insolvencies across the nation is steadily rising. According to the Office of the Superintendent of Bankruptcy, nearly 130,000 Canadians filed a Consumer Proposal or bankruptcy just this last…
