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How Consumer Proposals affect your credit rating — and how to rebuild it

Understanding how Consumer Proposals impact your credit score is important to rebuilding your credit rating in the future.

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6 Debts left after a Bankruptcy or Consumer Proposal

For people struggling with debt, filing for Bankruptucy or a Consumer Proposal might be the best option.

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Am I qualified for Bankruptcy?

Do you qualify for Bankruptcy? Explore the four conditions you must meet and learn why talking to an LIT can help you understand all your debt relief options.

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What happens if your income changes after filing for a Consumer Proposal?

A Consumer Proposal can be a good alternative to Bankruptcy for people struggling with debt.

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How to avoid debt management scams and financial fraud

Managing your money and dealing with debt can be tough. It's even more challenging when you have to watch out for scammers.

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Is the long-awaited drop in interest rates a cause for celebration?

After much anticipation, the Bank of Canada finally took a first step towards lower interest rates on June 5th, 2024.

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Life after Bankruptcy

The fresh start you obtain after filing a Consumer Proposal or Bankruptcy offers many new paths for managing your day-to-day needs and planning for your future.

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Embrace the season: 6 autumn activities to help your budget fall into place

By choosing low-cost fall activities, you can strike the perfect balance between indulging in the season and staying committed to your financial goals.

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What happens if I don’t fulfill my duties during a Bankruptcy?

If you’re going through a personal Bankruptcy, one of your main goals is to obtain your discharge — that is, to have your debts cleared so you can start fresh.

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Does a Consumer Proposal Affect My Job?

Many Canadians considering this debt relief option wonder if it may jeopardize their employment.

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