How Do I Qualify for a Consumer Proposal?

Woman sitting down with a consumer debt counsellor to discuss alternatives to filing bankruptcy.

A consumer proposal is a popular alternative to filing for personal bankruptcy, and it allows for some flexibility in paying back unsecured debts. If you have unmanageable consumer debt totalling under $250,000, it might be the right option. One of our Licensed Insolvency Trustees (LIT) can help you determine whether or not this process is […]

The Difference Between Personal Loans and Lines of Credit

Applying for a personal line of credit

Although personal loans and lines of credit have many similarities, there are a few key differences that separate these two types of lending products. Each comes with its own benefits, drawbacks, and risks, so be sure to understand what’s offered when undertaking this kind of debt. Before you can qualify for a loan or line […]