Archives: FAQs
Most first-time bankruptcies last about 9–21 months, depending on your…
Yes, your credit will be impacted, but it also gives you a structured way to rebuild over…
In most cases, yes. A consumer proposal is designed to help you resolve debt while allowing you to keep your…
No, the initial consultation is…
No. Debt consolidation combines debts into a new loan, while a consumer proposal is a legally binding settlement that may reduce the amount you…
No. Approval is based on your financial situation and your creditors’ acceptance of the proposal, not your credit…
Yes. Tax debt owed to the CRA can often be included in a consumer proposal or…
Meeting with one of our Licensed Insolvency Trustees is free for the initial consultation. Contact our Port Coquitlam office to learn more about the…
In most cases, yes. One of the key benefits of a consumer proposal is that it typically allows you to keep your assets while resolving your…
No. Many people qualify for alternatives such as consumer proposals, debt consolidation, or credit counselling. A Licensed Insolvency Trustee can…