Debt Relief Experts
25 Things You Must Know About a Consumer Proposal
Roughly two-thirds of Canadians choose a consumer proposal to eliminate debt. Here are our top 25 facts you need to know about consumer proposals to help you determine if it's a good option for you.
Consumer Proposals
How to Ensure CRA Will Accept Your Consumer Proposal
Are you thinking about filing a consumer proposal, but are unsure if the CRA will accept it? Doug Hoyes provides his best tips for a successful proposal involving tax debts based on his extensive experience.
What Happens If My Creditors Reject My Consumer Proposal?
Are you worried about filing for a consumer proposal, and it not being accepted by all of your creditors? Find out how creditors vote on your proposal and what you can do if it gets rejected.
Options to Pay Off Your Consumer Proposal Early
Do you know the advantages of making extra payments to pay off your consumer proposal sooner? We’ll explain why some of our clients choose to do this, and how to implement this beneficial strategy.
What Happens at the Meeting of Creditors During My Proposal?
Are you stressed about having to meet with your creditors if you file for a consumer proposal? We explain when and what can happen if a meeting of creditors is called and how voting works if a meeting is required.
How Is Cosigned Debt Treated in a Consumer Proposal?
A consumer proposal eliminates your obligation to pay back unsecured debt. But what happens to your cosigner? Learn how cosigned debt is treated in a consumer proposal or bankruptcy.
Consumer Proposal Vs. Division I Proposal to Creditors
Did you know there are two types of proposals in Canada? Learn more about what a consumer proposal and a Division I proposal means for you and your creditors, and which may be the best choice for you.
How Voting on a Consumer Proposal Works
How your creditors vote is one of the most common concerns clients have in a consumer proposal. We explain, in simple terms, how voting works in a proposal and when a consumer proposal is approved.
Avoid The Surplus Income Penalty With A Consumer Proposal
Did you know there is a surplus income penalty in a bankruptcy if you make more than the ‘threshold’ income? Doug Hoyes explains how to calculate this and ways you can avoid a penalty all together.
When is a Consumer Proposal Legally Binding on your Creditors?
Are you considering filing for a consumer proposal and are curious about what makes the contract legal? We’ll show you what makes a proposal legally binding and what say your creditors have in the process.
10 Myths About Consumer Proposals & What You Really Need to Know
Consumer proposals are often the most misunderstood debt relief option, even thought they are fairly simple. Read along as Doug Hoyes debunks the 10 most common misconceptions about consumer proposals.
What is a Registered Consumer Proposal?
Navigating the validity of information on insolvency may be overwhelming due to unregulated businesses claiming their services can help. Learn about what a registered consumer proposal is and who can legally provide them.
Can You File A Consumer Proposal Twice?
Have you previously filed a consumer proposal and find yourself in financial hardship again? Learn about how you can file a proposal again and if there are any differences about the process.
Please Stop Paying for Consumer Proposal Representation
Should you pay for third party advice when seeking a consumer proposal? We explain what a consumer proposal administrator is and why you should work directly with a Licensed Insolvency Trustee for debt help.
Must A Consumer Proposal Include All My Creditors?
Learn about how a proposal deals with your unsecured creditors, whether you can hold back debts and how it may impact secured creditors like your mortgage or car loan.