Facing mortgage insolvency can feel like a nightmare, your home is at risk, and the pressure of mounting debt is overwhelming. But what if there was a way to eliminate some of that debt without losing your home? A consumer proposal might be the answer. In this article, we’ll explore how you can stay in…
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Canadians are facing a unique financial climate in 2026. With inflation and rising interest rates making everyday expenses more costly, many individuals are struggling with debt. The financial pressures have only intensified, making it more critical than ever for Canadians to find debt reduction strategies that work for their unique circumstances. Debt reduction has become…
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When debt collectors call daily and credit card balances spiral, Canadians often face a tough decision: consumer proposal vs personal bankruptcy. These two options under Canada’s Bankruptcy and Insolvency Act both stop creditor harassment instantly, but one might save you thousands while the other protects your home. With living costs soaring and interest rates biting,…
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When financial stress becomes overwhelming, many Canadians begin to research bankruptcy as a possible solution. It’s a legal process designed to offer relief from unmanageable debt, but myths about bankruptcy often cloud the reality. These myths can make people feel ashamed, afraid, or hesitant to seek help when they need it most. In truth, bankruptcy…
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