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Alternatives to Bankruptcy: Q&As

Most Recent ‘Alternatives to bankruptcy’ Posts

One of my friends went to a trustee to deal with outstanding debt and owed over $32000 in debt and only had to pay back $3200 in a proposal. These cash settlements are they common and would I be eligible for it when I have over $18000 in debt I am trying to deal with […]

I\’ve run in to some financial difficulties in the past and I\’m considering filing a consumer proposal. My question is will this affect my ability to hold certain jobs. I am currently enrolled in an Accounting program and would be interested in pursuing a career in the financial industry. If there is in fact restrictions, […]

If you file a consumer proposal vs bankruptcy and you complete the proposal. When you are ask the question have you filed bankruptcy in the past seven years would you answer yes or no.A lot of credit application ask this question.They keep on saying to avoid bankruptcy file a proposal,but is a proposal considered the […]

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