Consumer Proposal
Read our articles and real-life stories to learn lots of useful information about consumer proposals and what they involve.
The consequences of a consumer proposal
Our experts explain to you the consequences of a consumer proposal.
How much does a consumer proposal cost?
A consumer proposal is a very interesting solution that allows you to negotiate a reduction of your debts, eliminate all interest on these debts and that allows you to ...
How long does a consumer proposal last?
The consumer proposal is an increasingly popular debt solution amongst Canadians1. This effective solution for reducing debt raises many essential questions for those in financial difficulty. This article examines...
The benefits of a consumer proposal
We explain to you the benefits of filing a consumer proposal with the help of your insolvency advisor.
What are the differences between consumer proposal and debt consolidation?
Tight on money at the end of the month? Here are a few options to consider! If you’re struggling to make ends meet or your personal debt isn’t decreasing, you...
How do I go about making a consumer proposal?
We will explain the steps to follow in order to file a consumer proposal with the help of your financial advisor.
What are the differences between consumer proposal and bankruptcy?
What are the differences between a consumer proposal and bankruptcy? If you’re hesitating between these 2 options and wondering what the differences between bankruptcy and a consumer proposal are,...
How to avoid bankruptcy with an anticipated inheritance?
Jean-Benoît and Pascale have 2 children and are renters. Even though both of them work, they struggle to balance their budget and have gradually accumulated debts of $35,800. But...
How to deal with a joint mortgage in a separation? – Real-life case
The breakup of a couple can be painful in many ways. Aside from the emotional aspect of grieving a relationship and the fears associated with starting anew, financial uncertainties...
Self-employment and tax debts: How to overcome them? – A real-life case study
Aside from a lack of work and other challenges, one of the greatest risks for self-employed individuals is their responsibility for income taxes and sales taxes.
Managing your debts before you retire – Real-life Case
People spend less money in their retirement years, but they also earn less. Ideally, you should reach retirement with as little debt as possible.
How to cope with a significant drop in income?: real-life case
Even though the causes of indebtedness are numerous, the majority of them converge towards one main reason: insufficient income to cover increasing costs or unforeseen events,” mentions Pierre Fortin,...
Overcoming financial challenges: A real-life case of business turnaround
In the business world, unforeseen challenges are inevitable. Whether it’s a bad contract, unrecoverable debt, or a significant industry shift, no business is immune to financial difficulties. Fortunately, solutions...
When debts accumulate – Real-life case
It is often said that time heals everything. “Unfortunately, this is not always the case when it comes to personal finances. Sometimes, even a very short period of 3...
Financial challenges of building a cottage – Real-life case
Faced with the rising costs associated with building a residence, many people are turning to self-building instead of hiring a general contractor. This is the choice Pierre-André** made, who...
Debt issues during parental leave – Real-life case
The arrival of a child is a joyful event, but it can also bring unexpected financial challenges for parents. Pierre Fortin, President and Licensed Insolvency Trustee at Jean Fortin...
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