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  • About
    • Our Team
    • News, Updates and Notifications
  • Debt Solutions
    • Consumer Proposal
    • Personal Bankruptcy
    • Debt Repayment Planning in Alberta
    • Division 1 Proposal
  • Resources
    • BNA’s Resource and Help Center
    • Financial Blog
    • White Papers & Success Stories
    • Personal Information Forms
    • Debt Breakdown Podcast
    • Debt Repayment Calculator
  • Contact Us
  • Book a Free Call

COVID-19 Update

January 16, 2020

NOTE TO CLIENTS: Due to the recent series of events regarding COVID 19, we are following the recommendations of our public health and government officials.

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You Can’t Borrow Your Way Out of Debt

January 7, 2020

Canadians are filing personal insolvencies at the highest rate in over a decade. According to the latest figures from the Office of the Superintendent of

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Avoiding the Christmas Crush

December 2, 2019

The holiday season is a great time of year. It’s a time of hope, celebration and peace that we get to spend with our closest

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The Causes of Personal Insolvency In Alberta

November 1, 2019

No one sets out with the intention to take on a serious debt load, and no one certainly ever plans on insolvency. However, life happens,

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Can a LIRA (Locked In Retirement Account) Be Seized in a Consumer Proposal?

October 17, 2019

Short Answer No, locked in retirement accounts are considered protected and cannot be seized in a consumer proposal. Longer Answer All retirement funds are protected

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Are Trustees Fees Included in a Consumer Proposal in Alberta?

October 17, 2019

Short Answer Yes they are! There are no additional fees after you agree to the terms with your creditors. Longer Answer A Licensed Insolvency Trustee

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Do Consumer Proposals Include Vehicles in Alberta?

October 17, 2019

Short Answer If you have a shortfall on a vehicle, then yes, this can be included. (If your vehicle has been repossessed or you wish

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How Long Does a Consumer Proposal Stay On a Credit Report?

October 17, 2019

Short Answer In Alberta, a consumer proposal stays on your credit report for three years after the final payment is made. Longer Answer One of

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how long after a consumer proposal can i get a mortgage

How Long After a Consumer Proposal Can I Get a Mortgage?

October 17, 2019

Short Answer A lender can issue a loan any time, at their own discretion, however, in Alberta, a consumer proposal stays on your credit report

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Is a Consumer Proposal Considered Bankruptcy in Alberta?

October 17, 2019

Short Answer No, a consumer proposal is not the same as a personal bankruptcy in Alberta, as each have different rules, methods and guidelines as

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Recent Posts

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  • Phone: (403) 232-6220
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  • Fax: (403) 232-6262
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