2010-12-22
It appears that you do not meet the criteria to file a consumer proposal. A consumer proposal is filed by someone who cannot pay their debts in full, an in order to file a proposal the debtor must be insolvent. In other words, the debtor must not be able to pay their debts when due. It seems that you are having a cash flow problem, not an insolvency problem, as you indicate that you will have the funds in a few weeks. If you would like to discuss your situation in more detail and review your options, contact our office located nearest to you and one of our MNP trustees or estate administrators will be happy to provide you with a no-cost, no-obligation consultation. To find the office nearest to you please go to Contact us Marvin Zweig, CA, CIRP, Trustee, CA-CIRP Markham, Ontario
2025-11-07
Bankruptcy Consumer Proposal
If you're facing a mountain of debt, you're not alone. There are two viable options available to help you find relief: Consumer Proposal and Bankruptcy. Each approach offers unique benefits that can be tailored to fit your specific financial situation.
2025-11-06
Filing for bankruptcy doesn’t mean losing everything. Learn which assets are protected in B.C. and how to move forward with a fresh financial start.
2025-11-05
Debt Solutions
Unexpected tax debt can be a daunting prospect. How can you confirm the CRA is really calling you — and pay back what you owe?
