Posts tagged Consumer Proposal
When Small Business Owners Run Into Financial Trouble, What They Need is Help

We believe that entrepreneurs should be encouraged and supported, particularly when they run into financial difficulty.

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What happens to a business when a shareholder goes bankrupt?

A shareholder’s personal bankruptcy or consumer proposal always creates questions and sometimes concerns for anyone who has an interest in the business. Here are a few answers.

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Buying vs. Leasing a New Vehicle – Part Two – The Risks and Benefits of Leasing

Remember, leasing is like renting so there are usage limits. This isn’t actually your vehicle.

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Buying vs. Leasing a New Vehicle – Part One – 3 Important Points to Remember

Figuring out how to pay for this expensive infrastructure is something most of us have to consider.

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Consumer Proposals From the Creditor's Perspective; 3 Questions Every Creditor Will Ask Themselves

If one or more of these scenarios apply, you may need to offer your creditors more than normal in order to convince them to say “yes”.

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What Happens To Life Insurance When I Declare Bankruptcy?

In evaluating your assets in a bankruptcy situation the Licensed Insolvency Trustee is determining if there is any equity or value in the asset that is potentially available to your creditors, subject to any exemptions under Provincial or Federal legislation for that type of asset.

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