2025-10-21
How we helped a client decide between a consumer proposal and bankruptcy
A client thought bankruptcy was their only way out. See how a consumer proposal helped them keep their home and repay debt with confidence.
Options Other Than Filing For Bankruptcy
2010-03-15
There are definitely options that we should look at besides filing for bankruptcy. Bankruptcy is certainly an option....but there are others we should take a look at as well. We have a list of options on our website. They range from consolidating, changes to your budget, outside help, selling assets.....all ideas in order to avoid filing something formal. If they don't work, there is the Orderly Payment of Debt program, a Proposal, or Bankruptcy. Which option will be right for you is going to depend on the specifics of your situation. IE: who you owe money to, how much, what kinds of assets you own, and what your budget look like. I'm not sure what region you live in. I will reply directly to your email, or you could contact on of our counsellors in your area. They are located on our websiteClick here. Donna Carson, CGA, CIRP, Trustee Calgary and Central Alberta regions 1.877.500.0792 [email protected]
Latest Blog Posts
2025-10-20
Seniors and Debt
Alternatives to Bankruptcy Bankruptcy Consumer Proposal Lifestyle Debt MNP Consumer Debt Index
Just when seniors should be relaxing and enjoying the fruits of their labour, many find themselves struggling financially — an unsettling contrast to the ease they’d hoped to live their golden years.
2025-10-17
How buyer’s remorse laws can help you stay out of debt
This is called buyer’s remorse. In some cases, Canadian law provides protections that can help you reverse these costly decisions and avoid sinking further into debt.
