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Post-secondary education has the potential to help many people realize their ambitions and full potential for a career of their dreams. People of all ages can acquire the knowledge and abilities necessary to be successful in their particular career by enrolling in one of the many educational institutions that offer degrees and diplomas. However, the […]

A consumer proposal is a reliable debt repayment plan. Creditors are unable to amend the requirements of your plan after they have agreed to it. You do, however, have the option of paying off the proposal earlier than the term. The benefit of completing a consumer proposal early is that the information from the proposal […]

Having filed for a consumer proposal doesn’t mean you have to go without a car loan or a credit card for the rest of your life. It does, however, imply a new start, free of crippling debt obligations. Whether you’re looking at personal debt solutions or are in the process of a consumer proposal, you’re […]

You’re insolvent if you can’t pay your loans on time or if your debts exceed your assets. Although the terms are sometimes used interchangeably, it’s crucial to remember that to be bankrupt and to be insolvent have different meanings. Insolvency is frequently a precursor to bankruptcy. If you find yourself unable to pay your debts, […]

If you’re having trouble paying your debts, you usually have two choices – a consumer proposal or bankruptcy. A proposal has many benefits over a Bankruptcy, including the fact that you can keep your assets versus having to liquidate them to pay your creditors. Do banks even accept consumer proposals or would they rather you […]

You might be wondering what happens to your credit card when you file for a consumer proposal. Most of us rely on our credit cards daily. They can be a convenient way to make purchases in person and online from the comfort of our homes. These days, many stores don’t even accept cash!   Having a […]

A consumer proposal may have put a hold on your financial goals, but it is still possible to get a mortgage and own your dream home.   While there might be additional hurdles, or you might have to wait a little longer, you can work on a plan to go after your dream home in a […]

It has happened to millions of people. People got into debt during the pandemic and not because they overspent, but because it was the only way to make ends meet. Whether you lost your job, had a reduction in hours, or fell ill and couldn’t work, the struggle was real. Now that we’re seeing the […]

If you owe back taxes, it can feel impossible to get ahead of them. Fortunately, there are ways to work with the CRA to settle your back taxes. The CRA offers three programs to make your taxes more affordable. Here’s everything you must know about the programs to help you decide. If you can’t get […]

If you’re in over your head in debt, you may wonder what you should do. Falling behind on your payments worsens your credit score and makes it hard to get ahead. Fortunately, there are Canadian debt relief options available. Two of the most common debt relief options for Canadians are the consumer proposal and bankruptcy. […]