Consumer proposal process for a lottery winner? Why? Here’s a headline I’m sure you all remember – Three winners of the $1.586 billion Powerball jackpot. Here’s a headline you may have missed – The odds are that the US$1.5 billion Powerball winner will end up bankrupt (and if a Canadian, possibly a consumer proposal process).
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Difference between consumer proposal and bankruptcy This short video explains the difference between a consumer proposal and bankruptcy. A consumer proposal is a deal to end your debts. A consumer proposal is a legally binding process that is administered by a licensed trustee. 5 things that make the difference between consumer proposal and bankruptcy In […]
Consumer proposal faqs We have made this video to answer the Consumer Proposal FAQs that we are normally asked. This information will hopefully help you understand better how it can help you clear your debts and AVOID bankruptcy. Our related blogs and vlogs In addition to this video, you can also check out other blogs […]
Introduction We have written many blogs on the advantages of consumer proposals, including: HOW ADVANTAGES OF CONSUMER PROPOSALS SAVES YOU FROM DEBT SETTLEMENT COMPANIES CONSUMER PROPOSAL; THE GREAT ALTERNATIVE TO BANKRUPTCY CONSUMER PROPOSAL ONTARIO: AVOID BANKRUPTCY CONSUMER PROPOSALS: WHAT YOU NEED TO KNOW We thought it would be good to now put together a short […]
Consumer Proposal definition It is important to know what the consumer proposal definition is. A consumer proposal is a relatively new addition to the Bankruptcy and Insolvency Act (BIA), even though it has been around for 23 years. Although the origins of the current BIA can be traced back to the original 1869 An Act […]
Consumer proposal vs debt settlement vs. debt settlement companies If you have serious financial problems, there is an option available to you to avoid debt settlement companies and bankruptcy. In fact, more Canadians are now choosing consumer proposals instead of declaring personal bankruptcy. The purpose of this Brandon’s Blog is to explain the benefit of consumer proposal […]
consumer proposal vs. personal bankruptcy This short video (found at the bottom of this page) explains the differences between a consumer proposal vs. personal bankruptcy. A consumer proposal is a deal to end your debts. A consumer proposal is a legally binding process that is administered by a licensed trustee. Ira Smith Trustee & Receiver […]
The advantages of consumer proposals with a Trustee can save you from debt settlement companies. Here’s how.
A Consumer Proposal is THE great alternative to bankruptcy. From the files of Ira Smith Trustee & Receiver Inc.: Sammy (not his real name), a 31-year old with no dependents, is the family member of a professional that refers work to us. Referrals are always the highest form of compliment because it demonstrates confidence and […]
Consumer Proposal Ontario. Information for you on a Consumer Proposal and how it can help you clear your debts and AVOID bankruptcy. Watch this 4-minute video explaining the bankruptcy alternative of consumer proposals. In addition to the video about consumer proposal Ontario, you can also check out two other blogs we have written on consumer […]