Short Answer A consumer proposal is an arrangement that’s negotiated with your creditors through a Licensed Insolvency Trustee. It’s an alternative to personal bankruptcy that
Short Answer A consumer proposal is absolutely worth it! Longer Answer In Alberta, a consumer proposal is a very attractive option because you don’t have
You’re past 55, you’ve put significant time, energy and effort into your career. You’ve been contributing to retirement funds your entire life, and you can
We know that the consumer proposal process can be a confusing and slightly scary process to undertake. It’s not something that’s widely discussed in casual
Short Answer Essentially all your unsecured debts can and should be included but some will survive and not be written off in the process. A
Short Answer Legally there is nothing that would not allow you to buy a house while in a consumer proposal, however you may have difficulty
Short Answer You can apply for credit while in a consumer proposal but probably won’t be approved unless it is secured by a prepaid balance.
Short Answer Legally you must owe at least $1,000.00 meets the qualification for a consumer proposal but practically, we would never let anyone file a
When we think about the ways that our debt affects our lives, we often turn to the physical things. We think of the things we
Divorce and Debt Putting an end to a marriage is an unfortunate situation that happens to many Albertans. Financial hardships, layoffs and job losses often
