You’ll find helpful information regarding consumer proposals. Topics covered include if a consumer proposal is right for you, and how a consumer proposal can provide debt relief and improve your cash flow.
If you’re struggling with your finances, the idea of filing bankruptcy and Consumer Proposals in Windsor may seem frightening We see this in our offices every day. Apart from just fear of the unknown, debtors are most concerned about: the…
Consumer proposal and bankruptcy are the top two insolvency solutions in Canada, so it’s natural that you may want to know the difference between them. A bankruptcy is filed using the Bankruptcy and Insolvency Act. You are eligible to…
Are you a small business owner that’s finding it harder and harder to sustain your company’s day-to-day operations? Are you having to decide which of your creditors to pay first - or at all - and are starting to think…
Debt is becoming an increasingly tricky problem for many people in Ontario. It's easy to accumulate - not so easy to get rid of. You may have reached this page because you think that personal bankruptcy might be the…
If you’re experiencing financial difficulties and your debts seem to have no end in sight, it’s likely you’ve considered filing for bankruptcy. Bankruptcy is a serious decision to undertake, but it isn’t always inevitable, or your only option. For some…
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…
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…
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…
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…
