It is very common for people that when they filled a bankruptcy or consumer proposal. That many people have filled the bankruptcy and after that, return to finish their studies. If a person when files a bankruptcy or consumer proposal and getting funding through the Ontario Student Assistance Program (OSAP). Then they have to provide […]
The major difference between the consumer proposal and bankruptcy is that the consumer proposal gives the person more rights on their assets. It means that the person can learn more of their assets. And also, it has less effect on the credit score of a person. That can stay of only three years in comparison […]
The major difference between the consumer proposal and bankruptcy is that the consumer proposal gives the person more rights on their assets. It means that the person can learn more of their assets. And also, it has less effect on the credit score of a person. That can stay of only three years in comparison […]
A consumer proposal is nothing but a plan which provides debt relief to Canadians who are struggling with money debt payments. It is sectioned by the Canadian government so that their people can have some relief in debt payments. And it was a very important step that took by the Canadian government because many people […]
Nothing would happen to any person if they filed bankruptcy. The law prohibits both the government and private companies from terminating their employment. Just because the person filed bankruptcy, but it can affect when a person applies for a new job or search for a new job. In that case the situation is not that […]
No, filing a bankruptcy or consumer proposal does not mean that one can lose their real estate license. And it is according to the Real Estate Council of Ontario (RECO). RECO doesn’t say anything like filing a bankruptcy or consumer proposal means the license will be ceased or something. So, if someone has such questions […]
Unforeseen debt issues can be painful. They can lead you to a lot of frustration as well. Therefore, it is extremely important for you to plan ahead of time and make sure that you come up with a proper strategy to overcome the unforeseen debt issues. In order to make the life easy for you, […]
What would happen when your partner dies with outstanding debt? Will you have to settle those outstanding debts? This is one of the most common situations that people in Ontario come across. In such a situation, you should have a solid understanding about death and debts Ontario. Then you will be able to work accordingly […]
Dealing with bankruptcy can be painful. However, you will come across situations where filing for bankruptcy would seem as the only solution available. At the time of filing for bankruptcy, you should also have a basic understanding about the different types of bankruptcy that you will have to deal with in Canada. Bankruptcy in Canada […]
Filing for bankruptcy is one of the most difficult situations in your life. However, you will feel about it of relief upon filing for bankruptcy. That’s because you know that you will be able to receive relief against the outstanding debt you owe. In the meantime, you might have to experience many other challenges. For […]
