Explained: What Happens When You File a Consumer Proposal? So, what happens when you file a consumer proposal? There are a number of things that happen when you file a consumer proposal – but the first thing that should happen is you should feel a sense of relief! Your unsecured creditors can no longer pursue …
What Are the Consumer Proposal Pros and Cons and Should I File One The consumer proposal pros and cons are rather simple to enumerate; but whether you personally should file one very much depends. What does it depend on? Your personal debt situation and how you wish to approach it. If you’re ready to be …
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What Does It Cost to File a Consumer Proposal – and How Can It Help You Manage Your Debt What does it cost to file a consumer proposal? That is a question that I am frequently asked. There are really two different ways to answer that question. The short answer is that it will cost …
Consumer Proposal for the Holidays – the Best Gift to Relieve Your Debt Pressures Asking for a consumer proposal on the holidays may sound like a strange request. It’s almost like asking to go to the doctor. But when you really think about it, what happens after you go to the doctor? You get better! …
The Importance of Financial Literacy and Consumer Proposals November is financial literacy month in Canada – but what does it mean to be financially literate? To me, financial literacy means that you have a degree of comfort and familiarity with financial concepts such as budgeting, interest charges, retirement savings, daily savings, debt and such other …
Over the last while, I’ve had many calls from people looking for debt consolidation loans. Helpful consolidation loans come from reputable financial institutions where the interest being charged is at prime rate plus a few – even five or six percentage points – such that the total interest being paid on the loan is under …
Why You Should Choose a Consumer Proposal over a Consolidation Loan Read More »