Canada – Personal bankruptcies were down 7.4% and consumer proposal filings were up 2.5% as compared to the 12-months ended October 31, 2016. New Brunswick – Personal bankruptcies were down 10.9% and consumer proposal filings were up 21.6% as compared to the 12-months ended October 31, 2016.
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A Little Help With The Home Energy Bills Is Now Available For Low Income NB Families
The New Brunswick government is offering a one-time benefit of $100 to help low-income families with their home energy bills.
September 2017 Personal Bankruptcy & Consumer Proposal Statistics
New Brunswick – there were 2,616 personal bankruptcies and 1,813 consumer proposals filed in the 12-months ended September 30, 2017. Bankruptcies were down 7.4% and consumer proposal filings were up 22.7% as compared to the 12-months ended September 30, 2016.
A Gentler Method: Why a Negotiated Consumer Proposal Can Be A More Fair and Reasonable Debt Solution
If you have debt problems you also have options. A Consumer Proposal can be a much better and more manageable solution than bankruptcy to resolve your debts.
Reset and Restart: Personal Bankruptcy and the Relief from the Stress of Unmanageable Debt in Canada
Personal Bankruptcy is the last choice for most individuals but it is good that this process is available because, without it, there might be no relief from the stress of unmanageable debt.
The End of a Business – Corporate Bankruptcy in Canada
Canadian Companies can face Corporate bankruptcy either voluntarily or involuntarily. Corporate bankruptcy will be the End of the Company’s Existence. Good to know! In exceptional circumstances, a bankrupt company could make a proposal in order to exit bankruptcy. Creditor approval is required for this to occur.
Week 4: Teaching Children About Money Can Mean Better Financial Literacy for the Whole Family
Life presents lots of opportunities to hone your own financial literacy skills and to help your children develop theirs. Deciding that you will share as much as possible with your kids can help you to be disciplined in making decisions and dealing with the impacts on you before you share with them, and that can be a good thing for the whole family.
August 2017 Personal Bankruptcy & Consumer Proposal Statistics
Canada – Personal bankruptcies were down 6.5% and consumer proposal filings were up 2.6% as compared to the 12-months ended August 31, 2016. New Brunswick – Personal bankruptcies were down 6.5% and consumer proposal filings were up 21.7% as compared to the 12-months ended August 31, 2016.
Week 3: How Students Can Learn From Their First Big Financial Decision
Students should not be left out of financial decision making for school and should work with their budget and understand it; if they are going to learn from this important decision.
Week 2: How To Live Beholden To No One
Calvin Coolidge once said, “There is no dignity quite so impressive, and no independence quite so important, as living within your means.” I like to think what he meant by this is that when you live within your means, you can hold your head high because you are beholden to no one.