Debt Help

Consumer Proposal Ontario: How It Works

How does a Consumer Proposal in Ontario work? If you have decided that you want to become debt free and build a better future for yourself, you need to start by meeting with a licensed insolvency trustee who will review your personal financial situation. Together we will determine what you can realistically afford to pay […]

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Debt & Bankruptcy Ontario

Debt & Bankruptcy Ontario You just got a letter/phone call about an old debt that you owe. The first consideration is to determine if you owe the money.   If you do not owe the debt, simply tell the collection company that you do not owe the money. Ask them to send you copies of any […]

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Consumer Proposal: Interest Relief

Consumer Proposal: Interest Relief When you file a Consumer Proposal, there is a hold on all legal proceedings that your creditors can take against you. Interest on all debts stop as of the day the court accepts the Consumer Proposal and confirms the appointment of your Licensed Insolvency Trustee who acts as the Administrator of […]

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Surplus Income and Bankruptcy Discharge

Surplus Income and Bankruptcy Discharge When you file for Bankruptcy, you keep a sufficient amount of your income to live a “normal life”. The trouble is that the definition of a “normal life” is based on a cross-Canada average calculated by the Office of Superintendent in Bankruptcy. It starts with your net (after tax) take-home […]

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