Annual Consumer Insolvency Rates By Province 2010-2018
The latest data from the Government of Canada shows that insolvency rates have been quite steady over the years, suggesting a stable economy. Insolvency rates are affected by different economic factors and can be used as an indicator of how the economy is doing. Knowing the insolvency… Read More
Using Home Equity To Pay Off a Consumer Proposal
Dealing with debt can be a stressful and oftentimes confusing experience especially if you’re having trouble keeping up with payments. This is where debt relief products, like a consumer proposal, can help. A consumer proposal offers relief from collection calls, never-ending interest rates, and difficult to manage payment scheduled. But… Read More
Paying Off a Consumer Proposal With a Loan
If you’re currently working your way through a consumer proposal, you might have asked yourself, “is there a way I can get through this quicker?” The great news is, the answer is yes. It’s possible to get a specialized loan to pay off your consumer proposal. This is an attractive… Read More
Filing a Second Consumer Proposal
When debt woes have got you down, there are options to help you get back up. Depending on where you are on the spectrum of debt issues, there is a program or service that is best suited for you, and a consumer proposal may be it. Consumer proposals are… Read More
What is a 100% Consumer Proposal?
Having too much debt on your plate can not only be financially challenging, but it can also be extremely stressful. Luckily, there are plenty of programs available that are specifically designed to help consumers whittle down their debt and help them achieve financial freedom sooner rather than later One such… Read More
Can I Get Approved for a Loan While in a Consumer Proposal?
If you’re currently working through a consumer proposal but find yourself needing some extra help a loan might be the only solution to the financial crisis you’re going through. So, can you get approved for a loan while you’re in a consumer proposal?… Read More
Can I Pay Off My Consumer Proposal Early?
Are you currently working through a consumer proposal? Have you been diligently making your payments on time and hoping for the end? What most consumers don’t know is that it’s possible to pay off a consumer proposal ahead of schedule. The question is though, when is it the right… Read More
Life After a Consumer Proposal: Fastest Way to Build Credit
Many Canadians struggle with their finances, forcing them to seek out options to help them alleviate their debt. A well-known debt solution option is bankruptcy, which can offer consumers protection from creditors who may seek to launch lawsuits in an effort to recoup… Read More
What Happens When You Can’t Afford Your Consumer Proposal?
If you’ve been having a tough time handling all of your debt payments, you may have already sought out a way to alleviate your debt. One popular program that Canadians opt for when it comes to helping them manage their mounting debt is a consumer… Read More