by Owen | Dec 23, 2022 | Avoid Bankruptcy, Bankruptcy
Did you know that the total number of small business bankruptcies in Canada was 13.6% higher in May of 2022 than the previous year? It’s unfortunate that small businesses find themselves in this situation but when small businesses in Canada find themselves struggling...
by Rebecca Frederick | Nov 24, 2022 | Consolidation Loans, Debt Consolidation Canada, Debt Management, Joint Debt, Orderly Payment of Debt
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...
by Rebecca Frederick | Mar 1, 2016 | Avoid Bankruptcy, Consolidation Loans, Consumer Proposals, Credit Card, Credit Counselling, Debt Consolidation Canada, How to Get Out of Debt
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...
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