Cancelling a Consumer Proposal: What You Need to Know
Are you considering cancelling a consumer proposal? You may have changed your mind about pursuing debt relief through this method or want to explore other options. Whatever the reason, it’s essential to understand the implications of cancelling a consumer...
A Guide On Including Your Car In Your Consumer Proposal
We frequently see customers with credit card debts and other unsecured debts like car loans. Many debtors own a car or truck when they file for bankruptcy. While the threat of bankruptcy is stark on its own, not having your own transport can derail your plans of...
Would Having a Consumer Proposal or a Debt Consolidation Plan Stop an Eviction Process in Ontario?
In the bustling provinces of Canada, financial challenges are not uncommon. One of the prevalent issues people face is the threat of eviction due to rent arrears. The question arises: Can filing a consumer proposal in Ontario or undergoing a debt consolidation plan...
Can I file a consumer proposal multiple times?
In Canada, a consumer proposal is a judicial debt settlement agreed with creditors to reduce your debt, administered by a Licensed Insolvency Trustee. The consumer proposal must be paid within five years or less with the help of monthly payments. Being a great...
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