Misconceptions about Joint Debts

What is Joint Debt? Joint debts are liabilities where the obligation for paying the debt falls on more than one party. A person can become joint on a debt when they share ownership of an asset – for example joint on a mortgage that is co-owned – when lenders can...
Consumer Proposals and Informal Proposals – Do You Know What You Are Signing?

Consumer Proposals and Informal Proposals – Do You Know What You Are Signing?

Credit counselling, orderly payment of debt, and consumer proposals are all useful ways to address a debt problem. The key to selecting the right option is knowing which program is right for you. Informal options include informal debt settlement arrangements and...