Orderly Payment of Debts

If you are faced with significant and mounting debts, bankruptcy is a possible way out. However, you should always analyze the alternative methods first, not least because filing for bankruptcy should be your very last resort. An Orderly Payment of Debt, otherwise known as an OPD, could be the perfect debt payment alternative. Need Help … Read more

Debt Settlement VS. Consumer Proposal

Most people who get in touch with our Licensed Insolvency Trustees believe that debt settlement and consumer proposal are interchangeable terms. In reality, a consumer proposal is one type of financial plan that can settle your debt. It is a legally binding document that provides debt relief to an individual. However, not all programs that … Read more

What is the Cost of Debt Settlement?

Costs of Debt Settlement If you are struggling with debts that you cannot afford to pay, you need to start looking into debt relief options, like debt settlement. However, many people worry about the cost of debt settlement and when you are already in a difficult financial position, adding more costs for debt relief is … Read more

Should You File a Consumer Proposal or Opt for a Debt Management Plan?

Consumer Proposal or a Debt Management Plan: Which is Better for Me? When it comes to debt, there are a couple of different approaches to handling it properly. Two proven methods include consumer proposals and debt management plans. While they do have a few similarities, they are different tactics meant for different situations. This breakdown … Read more