Many years ago, the Government created a second path to deal with debt, but many consumers still don’t know about this choice. It’s called a consumer proposal.
Category: Blog
The Real Cost of Not Dealing with Your Debt
There are debt solutions available that will save significant sums of money for you.
Credit Rebuilding Basics, Part 5 — Fine-tuning and Monitoring
If you have already taken the appropriate action steps to rebuild your credit, you should be well on your way to a higher credit score. Now it’s time to fine-tune and build on what you have already accomplished.
Credit Rebuilding Basics, Part 4 — Rebuilding Your Credit
We’ve also provided a blueprint for how you can repair your credit before rebuilding your credit. Now for the exciting stuff—rebuilding your credit score!
Credit Rebuilding Basics, Part 3 — Reviewing and Repairing Your Credit Report
To repair your credit, you must first find out what your credit report is saying—that’s the starting point.
Credit Rebuilding Basics, Part 2 — How Is Your Credit Score Calculated?
Once you know how the Credit Score system works, the steps required to repair and rebuild your credit will make more sense.
Credit Rebuilding Basics, Part 1 — What is Your Credit Score and Why is it so Important?
Your credit score—only three digits long, but those three digits have a significant impact on how the rest of the world looks at you. They can dictate your eligibility for loans and other credit, the accommodations you can rent, and it can even affect your employment opportunities.
9 Strategies to Save on Your Food Budget
As the second or third largest expense in your budget, the money you spend on your groceries is something you have lots of control over. It’s almost always the easiest and most effective way to reduce your cost of living.
August 2020 – Personal Bankruptcy & Consumer Proposal Statistics
Canada – Insolvencies continue to decline, personal bankruptcies declined 25.0% and consumer proposal filings declined 7.6% as compared to the 12-months ended August 31, 2019.
New Brunswick – Insolvencies continue to decline, personal bankruptcies were down 26.7% and consumer proposal filings were down 11.7% as compared to the 12-months ended August 31, 2019.
July 2020 – Personal Bankruptcy & Consumer Proposal Statistics
Canada – Personal bankruptcies were down 21.1% and consumer proposal filings were down 3.1% as compared to the 12-months ended July 31, 2019.
New Brunswick – Personal bankruptcies were down 22.5% and consumer proposal filings were down 10.0% as compared to the 12-months ended July 31, 2019.