Bankruptcy

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Mixed Reactions to New Bankruptcy Laws

Published on December 3rd, 2009 | by Canadian Credit Expert

Bankruptcy Laws Change in Canada – Reactions are Mixed September 2009 saw several changes to Canada’s bankruptcy laws. These “bankruptcy amendments” were first announced in August 2009 after being approved and passed by the Canadian Government... Read More


Bankruptcy

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Canada’s New Bankruptcy Laws

Published on December 2nd, 2009 | by Canadian Credit Expert

Canada’s New Bankruptcy Laws On September 18th 2009, several new bankruptcy laws took affect in Canada. In the interest of keeping Canadian’s up to date on important consumer credit and bankruptcy news, here is a brief ... Read More


Bankruptcy

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Consumer Proposal Definition

Published on December 2nd, 2009 | by Canadian Credit Expert

Consumer Proposal A consumer proposal is an alternative to bankruptcy available in Canada. It is essentially a negotiated settlement between an insolvent consumer and their creditors. Just like debt consolidation, a consumer proposal allows a person ... Read More


car loans

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TDSR and Car Loans

Published on November 25th, 2009 | by Canadian Credit Expert

TDSR and Car Loans Many Canadian consumers fill out a car loan application already knowing the result. Some anticipate rejection or at least a little extra effort before the application is approved. Others predict instant approval. ... Read More


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