Filing for a consumer proposal can be a life-changing decision for those dealing with overwhelming debt. But, if you’re married or living with a partner, you may wonder, does a consumer proposal affect your spouse? The good news is that in most cases, your spouse won’t be directly impacted. However, there are some areas where…
Navigating your financial recovery while securing essential services like transportation can be challenging, especially with a consumer proposal in place. However, obtaining a car loan with a consumer proposal is not only possible but can also be a key step in rebuilding your credit. Whether you’re still completing your proposal or have finalized it, understanding…
There are several significant advantages to a Consumer Proposal. One key benefit is that it provides a clear path to a fresh financial start, free from debt, while allowing you to keep most or all of your assets. This makes it a potentially more attractive option than both Bankruptcy and informal debt solutions. If you’re…
Nearly half of Canadians are just $200 away from being unable to cover their monthly financial commitments. In today’s economic climate, even a minor unexpected expense could lead to debt — leaving you to consider your next steps. If you’re in debt but want to protect certain assets and are concerned about the long-term financial…