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March 2019

GGA-Blogue-Annulation-Proposition-EN

The consumer proposal and deemed annulment

The consumer proposal allows you to come to an agreement with your creditors to pay back a portion of your debts. As with a bankruptcy, the consumer proposal allows you to stop the collection calls and put a stop on the climbing interest and get out of excessive debt. (more…)

June 2018

Can my student loan be included in a bankruptcy?

After years of study, entrance into the labour market is sometimes difficult. It is then normal to feel suffocated by our student loans that seem overwhelming. The accumulating interest and the payments that start and add to the other obligations do not allow everyone to pay as we would like our student loan debt. Is bankruptcy an option to clear one’s student loan when one is unable to make the monthly payments? (more…)

May 2016

GGA-Blogue-7dettesexclues-EN

Seven Debts Excluded from Bankruptcy and Consumer Proposals

When you are overwhelmed by financial problems, bankruptcy and consumer proposals can help you stabilize your financial situation. Bankruptcy and consumer proposals are effective solutions, but remember that some debts cannot be erased with these proceedings. Here is what you should know about the seven debts that cannot be discharged by bankruptcy or consumer proposal. (more…)