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Canada’s Looming Debt Crisis

Leave a Comment / Consumer Proposals / admin

It is safe to say Canadian’s didn’t need the help of a pandemic to plunge them deeper into personal debt than at any time in history. At the end of 2019, before Covid-19 even appeared, Canada had one of the highest consumer debt-to-income ratios in the world – already a bad sign Now experts are warning that […]

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What is a Licensed Insolvency Trustee?

Leave a Comment / Consumer Proposals / admin

Struggling to make your monthly payments? Or maybe your business is facing bankruptcy? Whether you’ve got personal or business debt, it can leave you feeling stressed out and unsure of where to turn. Luckily, there is a solution: a team of experts ready to help you with your debt. Debt doesn’t have to be a

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Consumer Proposals vs Bankruptcy

1 Comment / Consumer Proposals / admin

The last few years has seen a significant rise in the numbers of Canadians filing for Consumer Proposals as opposed to the more traditional Bankruptcy route. In large part this can be attributed to an increase in marketing exposure from Trustees and Debt Solutions companies highlighting the potential benefits of a consumer proposal over bankruptcy

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