The Top Ten Questions about Consumer Proposals Searching for answers when you’re having financial difficulties is a grim task. You’ll hear scary words like “bankruptcy,” “unsecured debts,” and “asset liquidation”. Thankfully there are a lot of options available for those that find themselves mired uncomfortably in debt. A consumer proposal is an alternative to bankruptcy,...Continue reading

Have your stress levels reached a boiling point with your debt? Learn about a consumer proposal You have debt and the payments have become unmanageable and your stress has reached a near boiling point. Now what? What do you do? Your answer is: Debt Restructuring. When you are looking for a debt management plan though,...Continue reading

Debt War Veterans There’s a war raging in Canada, it’s a war against debt. And right now DEBT seems to be winning. The casualties are high as people lose their homes, financial security, even their families due to debt.  Though the collateral damage is far reaching, the tide is turning as more and more Canadian...Continue reading

Debt Refreshments: Don’t Drink the Kool-Aid   Everybody has a spin, and angle, an agenda they want you to fill.  Corporations draw their employees in with team building exercises and big Rah Rah moments.  Sure this is great for moral, temporarily.  But if the cause of your company’s dysfunction goes deeper than that, sugar coating...Continue reading

Is Bankruptcy the Only Option? In recent months and years our Canadian economy has taken a downward spiral. Just a few years ago it seemed that we had it made. There were more jobs than workers and the money was flowing in. It was easy to qualify to buy houses, trucks and toys and so...Continue reading

5 Ways to Avoid Bankruptcy Everyone makes mistakes with money sooner or later. The best we can do is try to mitigate our bad decisions and solve financial problems before they spiral out of control. Here are a few easy, pragmatic, and straightforward steps to fixing your financial worries, controlling your debts, and avoiding bankruptcy....Continue reading

WHAT IS DEBT RESTRUCTURING? Your credit-card debt has piled up, the cards are maxed out, perhaps you’ve borrowed money to pay off bills, maybe you’ve gone to the limit on a line of credit and your household debt is completely out of control. You’ve decided it’s time to stop the spiral of debt consuming most...Continue reading

4 Pillars Personal Debt Restructuring: A Bankruptcy Case Study  The Kendells were like many Victoria families.  Two young children, two cars, a hefty mortgage, and a penchant for living slightly beyond their means.  They both held down good jobs, had a bit of savings in the bank.  The grandparents had ensured college would be taken...Continue reading

4 Pillars Personal Debt Restructuring – Growing up in Debt  Cara got her first credit card when she was in University.  They were practically giving them away back then.  It was followed by a popular department store card and another credit card.  By the time she graduated, Cara was carrying a small credit card debt. ...Continue reading

When Settling is NOT a bad thing. There comes a time in everyone’s life when you consider lowering your standards and settling for what’s in front you.  Though not recommended for dating, when it comes to your personal debt, sometimes SETTLING is the beginning to your ‘happily ever after’. Flirting with Disaster As your debt...Continue reading