• About Us
    • What’s New at BNA
  • Debt Solutions
    • Debt Repayment Calculator
  • The Financial Facts
    • BNA Breaks Down Debt
    • Questions About Consumer Proposals
    • Personal Information Forms
  • Contact Us
  • (403) 232-6220
Menu
  • About Us
    • What’s New at BNA
  • Debt Solutions
    • Debt Repayment Calculator
  • The Financial Facts
    • BNA Breaks Down Debt
    • Questions About Consumer Proposals
    • Personal Information Forms
  • Contact Us
  • (403) 232-6220

Payment Update

At BNA we truly understand the anxiety, stress and uncertainty that people are feeling due to the COVID-19 pandemic and we want to assure our clients that BNA is doing everything possible to determine the federal government’s position regarding payments that are coming due. You are asking what is BNA doing to help me, and unfortunately without government direction at this point our hands are tied to change the policies.

To that end, we have communicated our concerns with the local Office of the Superintendent of Bankruptcy (OSB) here in Alberta and we have escalated our concerns to their head office in Ottawa as have other Trustees in the industry. In addition, we understand that our professional association, likewise, has been communicating with the Superintendent in Ottawa as this is a national issue. We understand that this matter is receiving priority in Ottawa and although we do not have a formal response, we are anticipating receiving some formal direction shortly.

Rest assured, once we have received some guidance, we shall share this with you, our clients promptly.
In the meantime, and until such time as we have been given formal directions, we must follow the legislation and require payments to be made in order to avoid Proposals going into annulment or bankruptcy’s falling further behind on their terms as well.

If you have a payment coming due, please do your best to make it, or at least a partial payment to avoid annulling. Furthermore, as an alternative, once this settles down, we can look at possibly filing an amendment on your behalf and send this out to your creditors for their consideration or applying to the courts to reinstate your proposal.

If you have a payment coming due, please do your best to make it, or at least a partial payment to avoid annulling. Furthermore, as an alternative, once this settles down, we can look at possibly filing an amendment on your behalf and send this out to your creditors for their consideration or applying to the courts to reinstate your proposal.

Recent Posts

Can you renew a mortgage while in a Consumer Proposal?

Canadian Emergency Debt Relief?

Episode 18 – Is mortgage a good debt?

Categories

  • Questions About Consumer Proposals
  • Consumer Proposals
  • Customer Stories
  • Podcast
  • Education
  • Debt Consolidation Loan

Archives

  • 2022
  • May 2022
  • April 2022
  • 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • 2019
  • December 2019
  • November 2019
  • October 2019
  • August 2019
  • June 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • 2018
  • December 2018
  • November 2018
  • October 2018
  • February 2018
  • January 2018
  • 2017
  • October 2017
  • August 2017
  • May 2017
  • 2016
  • June 2016
  • May 2016
  • March 2016
  • February 2016
  • January 2016
  • 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • March 2015
  • February 2015
  • January 2015
  • 2014
  • December 2014
  • November 2014
  • September 2014
  • July 2014
  • June 2014
  • May 2014
  • March 2014
  • February 2014
  • 2013
  • November 2013
  • October 2013
© All rights reserved. BNA 2021
  • About Us
  • Debt Solutions
  • The Financial Facts
  • BNA Breaks Down Debt
  • Contact Us
  • Privacy Policy
Menu
  • About Us
  • Debt Solutions
  • The Financial Facts
  • BNA Breaks Down Debt
  • Contact Us
  • Privacy Policy

CALGARY

  • 150 – 703 64th Ave SE
  • Calgary, AB T2H 2C3
  • Call us: (403) 232-6220
  • Toll Free: (888) 232-6220
  • Fax us: (403) 232-6262

EDMONTON

  • #200, 6005 Gateway
  • Boulevard Edmonton,
  • AB T6H 2H3
  • Call us: (587) 400-4627
  • Fax us: (403) 232-6262