Not All Is Lost with a Bankruptcy
Robert Takash-7652; Robert Takash 7652
2017-03-29T17:00:00Z 3/29/2017 5:00:00 PM

With a stagnant economy and unemployment continuing to take its toll on several provinces, thousands of households or Canadian households are finding themselves struggling to keep up with an ever-increasing cost-of-living as debt continues to compound.

Categories: Bankruptcy
Debt Consolidation or Consumer Proposal
Robert Takash-7652 Robert Takash 7652
2014-03-17T16:00:00Z 3/17/2014 4:00:00 PM

A consolidation of debt is essentially a restructuring of a person’s existing outstanding debt by obtaining a loan from a financial institution or bank and paying off the existing debt and therefore creating for oneself a single payment with most likely a lower rate of interest.

Categories: Consumer Proposal;Alternatives to Bankruptcy

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