Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More
My husband and I have a lot of joint debt (and he has some on his own). We have a Van Loan for $45,000, a line of credit for 20,000, a credit card for 19,000 (which we are behind on) and an RV loan. I have a 5000 credit card in my name. He has […]
I had contacted a company about debt problems concerning two credit cards. I did my homework, and this company had an excellent rating. We were told that we could settle this for $260.00 a month for 60 months and that our credit would be repaired in one year. I have the paperwork to prove this; […]
A few years ago, I co-signed a car loan, for a friend. The vehicle and insurance are in his name, and he pays everything, out of a joint bank account. ( which I have nothing to do with )I am about to make a Consumer Proposal and am worried about our friendship since I co-signed […]
Hello, We are in a bind. We have recently reviewed our financial situation and had no idea how out of control our credit cards have gotten. We have about $75,000 in credit card debt. We had been planning on paying these one-by-one on our own but it is too overwhelming! We each making about $100,000/year […]
Can I do my 2 counselling appointments over the phone or Skype ?
I spoke with a debt relief specialist. She works for a fee but says she can negotiate better arrangements than if going to a Licensed Insolvency Trustee alone. Will the Licensed Insolvency Trustee have my best interest at heart? How does one ensure they have negotiated the fairest consumer proposal available?
I have about 75,000 in debt, filing for a consumer proposal. I will continue to pay for my vehicle which is book valued 5000, and last payment is September 2015, my question is, I am living with my son and pay only 500, but my son and his wife will be moving out in October […]
I am currently using my investment savings to pay all our monthly expenses. I am looking for a job, my husband is self-employed and has not earned income for several months however this money is dwindling and I am looking to the possibility of filing a consumer proposal. What will be the requirement be with […]
Will interest on a secured line of credit increase after CP? I am considering a consumer proposal because I cannot afford more than the interest payments on my unsecured debt. I also have a secured line of credit but was told that the bank may increase my interest rates or my minimum monthly payments on […]
I am currently on EI, laid off because of low oil prices, but will be called back to work eventually (not permanent). Even when working full time, I found it difficult to keep up with payments. I have used up almost all my savings in just keeping up with the payments along with the EI […]
