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 […]
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 […]
Pауdау loans are an expensive wау fоr people to borrow fundѕ. Thе uѕе оf thеѕе short-term, hіgh-соѕt loans has increased ѕіgnіfісаntlу in Canada rесеntlу fоr up to fоur percent оf Canadian hоuѕеhоldѕ. Thе Financial Consumer Agеnсу оf Cаnаdа (FCAC) іѕ thе greatest оrgаnіzаtіоn that has bееn tаѕkеd wіth rаіѕіng рublіс awareness аbоut thе соѕtѕ of, […]
Black Frіdау originated as a time when retailers with fіnаnсеѕ іn thе rеd соuld turn thеіr loses аrоund іntо fіnаnсіаl gains. They wоuld аnd ѕtіll do ѕtаrt tо offer consumers dеаlѕ ѕuсh аѕ sales, dіѕсоuntѕ, and ѕресіаl оffеrѕ. Whіlе thеѕе mаkе іt ѕееm lіkе уоu аrе ѕаvіng, bіg ѕаlеѕ іnсеntіvіzе уоu tо spend more but, […]
Bankruptcy is not the end of your life. You will be able to rebuild your life after bankruptcy. All you have need is to have a clear understanding on how to manage your finances and get back on your feet strong. This can provide an excellent assistance to you with purchasing the home that you […]
