What is a Consumer Proposal We often hear the question, “Is a Consumer Proposal worth it?” Let’s define exactly what a Consumer Proposal is. Per the Office of the Superintendent of Bankruptcy (the OSB) they define it as follows. “A consumer proposal is a formal,...
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Does a Bankruptcy Matter if I want to file a Consumer Proposal?
I want to file a consumer proposal, but my Trustee keeps talking about what happens in a bankruptcy? Does a bankruptcy matter if I want to file a Proposal? Why? We get this question all the time. ALL the time. If you aren't sure why a bankruptcy matters if you want to...
Need to apply for Debt Consolidation, Credit Counselling, or see a Bankruptcy Trustee in Yellowknife?
Bankruptcy, Debt Consolidation and Credit Counselling Considering bankruptcy in Yellowknife? What about debt consolidation or credit counselling? Are either of those good options to deal with debt? A Licensed Insolvency Trustee (LIT) – formerly known as a Bankruptcy...
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