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Q1: What is a consumer proposal? A consumer proposal is a formal offer to your creditors, arranged through a Licensed Insolvency Trustee, that allows you to repay part of what you owe over a fixed period of time. Q2: How is a consumer proposal different from...
If you live in a smaller town or rural community, you may be wondering: Do I have to drive hours to meet with a Licensed Insolvency Trustee (LIT)? Can I file bankruptcy online in Canada? Is it possible to complete a Consumer Proposal by phone or video? The good news...
Insolvency proceedings can be stressful for companies, but the impact on employees is often dire. When a company files for bankruptcy, employees may face disruptions in job security, wages, and benefits. This article explores how insolvency affects employees and...
Understanding Consolidation of Debt Saskatoon, like many other Canadian cities, is home to a diverse population with varying financial needs. With rising living costs and economic pressures, many people in the city find themselves burdened with mounting debts. For...
In Canada, consumer proposals and personal bankruptcy are two common debt relief solutions. Both options can ultimately help you to move forward debt-free, but which (if either) is the right choice given your particular situation and circumstances? Only a Licensed...
Our licensed insolvency trustee (LIT) is here to help you. We offer free consultations, and our goal is to provide the best financial advice possible. When you’re not sure where to turn for financial advice, and you’re facing overwhelming debt, call an LIT. Below,...
The overwhelming stress associated with how much debt you have is never an easy thing to bear. No matter how hard you try to plan a course correction, things get in the way. But did you know there’s a way to solve your financial situation? Consider the help of a...
My name is Crystal Buhler, and I’m a Licensed Insolvency Trustee with C. Buhler & Associates Ltd. You may have heard about Consumer Proposals, but aren’t quite sure what they are, or how they work. A consumer proposal is a legally binding debt settlement...
I’m Crystal Buhler, Licensed Insolvency Trustee with C. Buhler & Associates Ltd. I often get asked “What is a Licensed Insolvency Trustee?” You might also see the abbreviation “LIT”, and wonder what that stands for. An LIT is a...
