Debt Relief Experts
When A Debt Management Plan Doesn’t Work
Credit counsellors use a program called a debt management plan which are not always successful. We explore a case study from one of our clients in this situation and offer some alternative solutions.
Bankruptcy Alternatives
A Different View of Credit Counselling & Getting Out of Debt
Doug Hoyes reviews the business side of credit counselling, how agencies are funded by big banks and why it may not always be the best solution to get out of debt.
Pursuing the “Do Nothing” Strategy
Filing for insolvency is an emotionally taxing process, so often times people opt for the ‘do nothing’ mindset first. Doug Hoyes explores 6 common consequences of how this strategy makes debt worse.
Is a Consumer Proposal the same as Bankruptcy?
A consumer proposal is an alternative to bankruptcy and there are huge differences in how both insolvencies options work. Doug Hoyes explains why a consumer proposal is not bankruptcy.
Debt Settlement vs. Consumer Proposal – What’s the Difference?
Trying to decide between a debt settlement plan and a consumer proposal? We explore a contract from a debt settlement firm, and why a consumer proposal is more often the better choice for you.
Credit Counselling & Debt Management Plans. Right Solution?
Many people prefer to talk with a credit counselling agency before a Licensed Insolvency Trustee. Before you do, understand how credit counselling and a debt management plan work.
Debt Consolidation vs Bankruptcy. Which is Better?
What do you need to consider before choosing between debt consolidation or bankruptcy? We’ll explain both debt relief options, so you can make an informed decision on which one will work best for you.
Should I File a Second Bankruptcy or a Consumer Proposal?
Considering filing for another bankruptcy? It’s not uncommon, but there are some things you should know before you do. Explore the implications of filing subsequent bankruptcies and what your alternative is.