Bankruptcy and credit counselling are two commonly compared options to deal with debt problems. Understand the benefits and downsides of each alternative and which would best suit your financial situation.
Credit counselling is a program to repay your debts in full. Many people choose credit counselling because they think the program is less harmful to their credit. The problem is, in a significant number of... Read more »
If you are looking to get out of debt with the help of a professional, you may be considering the pros and cons of credit counselling vs a consumer proposal. Credit counselling offers a consolidation... Read more »
A debt collector does just what the name suggests: they collect on unpaid debt. They won’t review all your debt relief options with you or give you a plan that makes debt repayment realistic and... Read more »
Today we are going to take an in-depth look at credit counselling and debt management plans as one of your options when dealing with debt. To help you decide if credit counselling can help you... Read more »
What exactly is credit counselling and why do I have to take it if I file for bankruptcy or a consumer proposal? Credit counselling is the term used to describe the two money management sessions... Read more »
One of the duties and responsibilities of filing for either bankruptcy or a consumer proposal is the requirement to attend two financial counselling sessions. The Office of the Superintendent of Bankruptcy (OSB) is currently conducting... Read more »