Sentences with phrase «as an alternative to bankruptcy»

Or you could file a Consumer Proposal as an alternative to bankruptcy (in which case your assets are yours to keep, anyway).
Debt settlement is often presented as an alternative to bankruptcy, so it's important to understand how each one of these works.
Your debt solution may involve bankruptcy, but it could include filing a consumer proposal as an alternative to bankruptcy.
A consumer proposal is basically an offer made to the creditors as an alternative to bankruptcy.
I was watching a video put out by the Federal Judiciary on the U.S. Courts site and was surprised when I saw they U.S. Courts listing debt settlement as an alternative to bankruptcy.
Insolvent debtors with a household income above the government mandated thresholds limits are more likely to choose a consumer proposal as an alternative to bankruptcy in order to spread potential surplus income payments over a period of up to five years.
It was introduced into the Bankruptcy & Insolvency Act as an alternative to bankruptcy for individuals who are struggling with debt payments but do not want to file bankruptcy.
Accredited Debt Relief provides negotiated debt relief as an alternative to bankruptcy and debt consolidation.
The AARP recommends credit counseling / debt consolidation services to senior citizens as alternatives to bankruptcy.
This will help you resolve what the best course of action is for your unique circumstances, and you'll study how to apprise yourself unable to pay debts, as well as alternatives to bankruptcy.
Resolve debt obligations as an alternative to bankruptcy, debt consolidation or credit counseling
Spergel also offers consumer proposals as an alternative to bankruptcy depending upon your personal situation.
A consumer proposal has become increasingly common as an alternative to bankruptcy in the Oshawa — Bowmanville region.
But it makes no sense at all to force a struggling student - loan debtor into an IDR as an alternative to bankruptcy relief when it is evident the debtor will never be able to repay his or her student loans.»
Debt settlement is often accessed as an alternative to bankruptcy, with the goal of wiping the slate clean and re-establishing financial stability as soon as possible.
Two of the most popular debt management programs used as an alternative to bankruptcy are a consumer proposal and a debt management plan or DMP.
As an alternative to bankruptcy filings, where credit ratings and vendors take a large business hit, Lipson Neilson can offer expert legal services, which can buy you and your business time to restructure, enact new strategies, or gain new investors.
National D Relief is a business with a focus in debt settlement as an alternative to bankruptcy.
It is a debt relief program developed by the government of Canada made available through the Bankruptcy & Insolvency Act as an alternative to bankruptcy.
Second, you meet with a licensed bankruptcy trustee to review your options, which may also include filing a consumer proposal as an alternative to bankruptcy in Canada (in the U.S. you would need to consider a Chapter 13 Wage Earner Plan).
Clearl, more Canadians are choosing to make a proposal to their creditors as an alternative to bankruptcy.
If you are considering a consumer proposal as an alternative to bankruptcy, our team of Licensed Insolvency Trustees will explain the consumer proposal process and answer any questions you might have.
As an alternative to bankruptcy, consumer proposals help 50,000 Canadians a year keep their assets, gain protection from their creditors but most importantly get out of debt.
In fact, almost 7 in 10 people experiencing debt problems in North York file a consumer proposal as an alternative to bankruptcy.
Explain that you're considering debt settlement for your debts as an alternative to bankruptcy.
If you expect your income to increase and you are worried that you may pay a lot in surplus income, you could consider a consumer proposal as an alternative to bankruptcy.
If it is determined that your bankruptcy would be expensive, due to high surplus income or assets you may lose, the trustee will then discuss with you a consumer proposal as an alternative to bankruptcy.
If you want to be given this as an alternative to bankruptcy proceedings, you will need to get yourself an n92 form to fill out.
If you're considering debt settlement as an alternative to bankruptcy, it's important to look at the nature of your debts and make yourself aware of what can and can't be settled through the PCA debt
As an alternative to bankruptcy, or debt settlement, DMPs work to get you out of debt in the fastest time possible, while still taking into consideration your living expenses and needs.
If you're considering debt settlement as an alternative to bankruptcy, it's important to look at the nature of your debts
If you're considering debt settlement as an alternative to bankruptcy, it's important to look at the nature of your debts and make yourself aware of what can and can't be settled through the PCA debt settlement program.
If you are getting a raise, an inheritance, or a performance bonus, you may want to think of filing a consumer proposal as an alternative to bankruptcy.
As we mentioned, the rate of people choosing consumer proposals as an alternative to bankruptcy is increasing.
The Individual Voluntary Arrangement (IVA) was introduced by the government in 1986 as an alternative to bankruptcy.
Professionals often file a consumer proposal as an alternative to bankruptcy.
If you have assets that may be subject to seizure in a bankruptcy because they are not exempt, or because their value exceeds the permitted exemption limits, you may want to consider a consumer proposal as an alternative to bankruptcy.
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