- Publication Manager
A common question is the difference between debt consolidation and a consumer proposal. What are the benefits of each? When you should choose?
This time of year can be tough on our pocketbook and finances, leaving us overwhelmed, juggling, and looking for help to figure out how to get some debt relief.
A Consumer Proposal is a formal arrangement that is negotiated between an individual (the debtor) and their creditors, to settle outstanding debt obligations.
The more you know and understand your financial rights and responsibilities, the easier it is to avoid costly surprises and reach your financial goals.
If you are struggling with overwhelming debt, your path to financial freedom starts with a FREE consultation with D. Thode & Associates.
When you have high interest loans, credit cards or lines of credit you may find that you have little or nothing left after making your minimum monthly payments.
LITs are the only professionals able to administer the options legislated by the Bankruptcy and Insolvency Act which include Bankruptcy and Consumer Proposals.
Most people don’t think about all the small monthly bills in their life, but they add up! Spending time reviewing your bills could easily save hundreds a year!
If you are filing for bankruptcy this article will help clarify the difference between a Bankruptcy Lawyer and a Licensed Trustee.
The idea of filing for bankruptcy is to get a fresh start and put your financial difficulties behind you to regain financial stability for the future.
It’s that time of year again when most of us are receiving our income tax assessments and some of you may not be prepared for the bill.
Many people assume that winning the lottery or receiving an inheritance would be outside the scope of the bankruptcy proceedings, but this is not the case.