Sentences with phrase «as an alternative to bankruptcy in»

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.

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).

Not exact matches

National D Relief is a business with a focus in debt settlement as an alternative to bankruptcy.

It's worth noting however, that over 90 % of variations are successful - your creditors don't want to see your IVA fail anymore than you do as the alternative is usually a lower return for them in Bankruptcy.

Or you could file a Consumer Proposal as an alternative to bankruptcy (in which case your assets are yours to keep, anyway).

As bankruptcy trustee's serving the Edmonton community we are committed to providing quality information about filing bankruptcy in Edmonton and the alternatives to bankruptcy.

Therefore, if you are interested in seeking a bankruptcy alternative, such as a debt settlement, we are able to help you with that, too.

Bankruptcy is another alternative, as judges are allowed to include second mortgage liens in bankruptcies now.

As Licensed Insolvency Trustees we will ask you some simple questions about your debts, what you own, your income and family size to determine what a bankruptcy may cost in your situation and help you compare this to alternatives like a consumer proposal or a debt management plan through a credit counselling agency.

As you can see a consumer proposal in Ontario provides an alternative to bankruptcy that allows you to eliminate your debt while keeping all your assets.

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.

The primary consumer protection problem areas that have given rise to the States» actions include: (1) unsubstantiated claims of consumer savings; (2) deceptive representations about the length of time necessary to complete a debt relief program; (3) misleading or failing to adequately inform consumers that they will be subject to continued collection efforts, including lawsuits, and that their account balances will increase due to extended nonpayment under the program; (4) deceptive disparagement of consumer credit counseling; (5) deceptive disparagement of bankruptcy as an alternative for debtors; (6) lack of screening and analysis to determine suitability of debt relief programs for individual debtors; (7) the collection of substantial up - front fees so the debt relief company gains even if it fails to perform; (8) lack of transparency and information for consumers as to payment of fees, status of accounts, and communications with creditors; (9) significant delays in active negotiation or engagement with creditors, coupled with prohibitions on direct consumer communications with creditors; and (10), in the case of debt settlement companies, basing savings claims (and settlement fees) not on the original account balance, but on the inflated amount due (including late fees and default rates of interest) at the time of settlement.

In our previous blog post about using a mortgage as a bankruptcy alternative, we discussed using a mortgage to repay high interest credit card an other debt.

It's a deal that you make with your creditors as one of the alternatives to bankruptcy in Canada.

As we have discussed in our articles on Getting a Mortgage to Pay off your Debts and on Ways to borrow against your house as a bankruptcy alternative it is possible to use the equity in your house to repay your higher interest rate debAs we have discussed in our articles on Getting a Mortgage to Pay off your Debts and on Ways to borrow against your house as a bankruptcy alternative it is possible to use the equity in your house to repay your higher interest rate debas a bankruptcy alternative it is possible to use the equity in your house to repay your higher interest rate debt.

Signing up and earning miles with Etihad is a good alternative, if you are planning future trips to the Middle East, Africa or Asia — but still gives you very limited choices in Europe, with the bankruptcy of airberlin and alitalia... An even better solution might be to sign up for ANA Mileage Club, as you will be able to redeem for flights on StarAlliance airlines, like Lufthansa, Swiss, SAS and LOT, giving you lots of options from Europe!

Our offices in Los Angeles and Sherman Oaks both have bilingual staff that can quickly respond to your questions and concerns as you explore bankruptcy or bankruptcy alternatives such as home loan modification and personal and small business reorganizations.

In some cases additional services may be subject to alternative terms of use (as identified by The Cochran Firm Atlanta Bankruptcy), and your use of any such services will constitute your acceptance of such alternative terms of use.