The “Fresh Start” of a Personal Insolvency Filing
The Bankruptcy and Insolvency Act provides for an insolvent individual to file a personal assignment in bankruptcy [...]
Who files a Consumer Proposal?
A consumer proposal can be filed by a consumer debtor who owes not more than $250,000 (excluding [...]
Understanding the Process of a Consumer Proposal
A consumer proposal is a formal proceeding under the Bankruptcy and Insolvency Act wherein you offer a [...]
What happens if my circumstances change after filing a consumer proposal?
A consumer proposal is a formal filing under the Bankruptcy and Insolvency Act that offers a compromise [...]
Debt Relief Solutions Other Than a Bankruptcy
You may be struggling with a significant amount of debt that you can’t foresee paying off based [...]
Who Goes to See a Licensed Insolvency Trustee? Part 5
The purpose of this series of blogs is to make taking the first step to see a [...]
Should I File a Second Bankruptcy or a Consumer Proposal?
When you filed an assignment in bankruptcy the first time, you swore you would never get yourself [...]
What is the standard percentage debts are reduced by in a consumer proposal?
Quick answer – there isn’t a standard percentage that debts are reduced by in a consumer proposal. [...]
Bankruptcy – second time around
You’ve been bankrupt once due to life circumstances – a job loss, a divorce, lack of [...]
Why Choose a Consumer Proposal?
You make a decent income and own your own home but can’t seem to reduce your [...]
