Division 1 Proposal is considered to be a commercial type of Consumer Proposal. It is a procedure that can be followed by businesses as well as individuals. The major difference between Division 1 and regular proposal is a debt amount threshold. When filing a regular Consumer Proposal up to $ 250,000 can be settled. When filing [...]
A person has a debt problem or may have one soon if: They are continually going over spending limit on their credit cards They use credit cards as a necessity, and not as convenience Borrowing money to make it between paychecks Creditors are warning to garnish salary When paying bills only the minimum payments are made [...]
A Debt Consolidation Loan is a loan that is granted to pay off all your existing debt, allowing for one monthly payment, usually with a lower interest rate. With less money being spent on interest, the single monthly payment makes it easier for you to pay off your debts in a shorter amount of time. [...]
In this article we will address the technique of budgeting and how it can help you get out of debt and get control of your finances. While some of you may be familiar with budget concepts and techniques already, for many it is a strange term that brings up a lot of uncertainty and in [...]
