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I need to file Bankruptcy but I'm worried about my Credit Score A common question that we hear is what will a Bankruptcy or Consumer Proposal do to a person’s credit score. If you are in financial trouble and have missed payments, or are exhibiting the symptoms of...
Changing a Consumer Proposal I filed a Consumer Proposal, and now I’ve lost my job. What can I do if I can’t keep up the payments on my proposal? A Consumer Proposal is a popular alternative to bankruptcy, which will let you combine payments on your unsecured...
What is a Licensed Insolvency Trustee & How do they help? If you wonder what the role of a Licensed Insolvency Trustee is, and how they can help those in financial trouble, you are not alone. Licensed Insolvency Trustees were previously called “Bankruptcy...
How to File for Bankruptcy in Manitoba If you want to file bankruptcy in Brandon and other areas in Manitoba, your first call should be to a Licensed Insolvency Trustee. In Manitoba, Licensed Insolvency Trustees are the only professionals who are able to file a...
COVID-19 Due to the Coronavirus (COVID-19) outbreak, we understand Canadians have many questions about finances, and may be worried. We are still available to help! We want you to know we are open for business, and despite these challenges being new for many in our...
Suggestions to pay off debt in an efficient, and quick manner as possible.
Some ideas to help reduce the stress and worry about finances during this difficult period of isolation due to COVID 19.
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,...
Do I need to file a corporate bankruptcy, a personal bankruptcy, or both? Only a Licensed Insolvency Trustee (LIT) can tell you for sure if you need to file a corporate bankruptcy or personal or both. Recognizing how intertwined they can be, a LIT will review the...
