Credit counseling is an informal debt repayment plan where you repay the full amount over time, usually [...]

A consumer proposal affects your credit for up to six years from the filing date or three [...]

Yes, but only after obtaining a Court judgment against you.

Yes, the CRA can freeze your account without a Court order if you have outstanding tax debts. [...]

You must owe between $1,000 and $250,000 (excluding your mortgage) and be unable to repay your debts [...]

Creditors have 45 days to review and vote on the proposal. If the majority accept it, the [...]

A consumer proposal remains on your credit record for three years after completion or six years from [...]

Creditors, the CRA, secured lenders, and contractors who have completed work on your home can place a [...]

A consumer proposal typically takes five years to complete, depending on the terms negotiated with creditors. You [...]

A consumer proposal can last up to five years, but the exact duration depends on the repayment [...]