
Can Creditors Garnish CPP or OAS? How a Consumer Proposal Protects You
Worried about debt in retirement? Learn if creditors like the CRA can garnish your CPP or OAS. A consumer proposal can stop collections & protect your pension income.
Financial recovery requires the right tools

Worried about debt in retirement? Learn if creditors like the CRA can garnish your CPP or OAS. A consumer proposal can stop collections & protect your pension income.

Can Tax Debt Be Included in Bankruptcy or a Consumer Proposal? Yes — and here’s what every Canadian taxpayer needs to know. If you owe money to the Canada Revenue Agency (CRA), you’re not alone. Many individuals struggling with debt find themselves owing back taxes — sometimes a significant amount.

Home / Blog / Consumer Proposal by Marc Rouleau Like many people, you’ve been doing research on the Internet or perhaps asking family and friends for advice. You’ve decided that a consumer proposal might be the best way to deal with your debt stress and get you back on your feet financially.

Home / Blog / Consumer Proposal “I know I can file a bankruptcy with a Licensed Insolvency Trustee (“LIT”) but I don’t like that option. I’ve heard about a sort of consolidation an LIT can also help me file called a consumer proposal. What is that exactly?” If you are having some

Home / Blog / Consumer Proposal, Financial In past columns, we’ve discussed several cases where consumer proposals are a practical way to offer a fair settlement to creditors. If you are a business owner, you may be wondering what will happen to your business if you decide to file a

Home / Blog / Insolvency Trustee Question: Licensed Insolvency Trustee. That’s the new title replacing “Bankruptcy Trustee”. Why the change? First off, bankruptcy is a dirty word. People are afraid of what they think it means. The “Bankruptcy Trustee” title led to people making assumptions they shouldn’t make about what Trustee do and how they

Home / Blog / Consumer Proposal Finances are a fluid thing subject to change for a variety of reasons—and (despite how it may seem sometimes!) not always for the worse. If you’ve filed a consumer proposal only to find that your financial situation has suddenly improved because of a pay

Home / Blog / Consumer Proposal, Bankruptcy If you’re considering the possibility of filing a consumer proposal or declaring bankruptcy, you should be aware that assets such as vehicles are handled very differently in those two procedures. In a consumer proposal, if you own the vehicle free and clear, you

Home / Blog / Consumer Proposal, Bankruptcy If you’re facing the possibility of filing for Consumer proposal or Bankruptcy, you may be concerned about privacy issues, particularly with regard to having your employer find out about your bankruptcy. While it’s true that bankruptcy and consumer proposal records are public, however (meaning they can

Home / Blog / Bankruptcy, Consumer Proposal Bankruptcy and Consumer Proposals for High Income Earners Contrary to what you might think, financial difficulties are not limited to low or middle income earners. In fact, many professionals with high incomes find themselves in financial hot water because their high incomes blind