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Am I eligible to file a consumer proposal?
Yes, you qualify for a consumer proposal  if you meet the following criteria: 1) You owe at least $1,000 to your creditors.  While this is the minimum required by law, Welker and Company doesn't typically recommend consumer proposals to people with less than $10,000 in...
More Canadians say they’re living paycheque to paycheque
16.09.2014
On September 10th, CBC News posted an article with the same title.  The majority of Canadians would find it difficult to pay their bills if their payc...
Am I eligible to go bankrupt?
15.09.2014
Yes, you are eligible to go bankrupt if: 1) You owe more than $1,000; and 2) Your are insolvent.  i.e. you can't afford to pay your bills each month...
Money Saving Tips
12.09.2014
Steve Welker is a frugal cat.  He's had frugality instilled in him and it's not going anywhere to his spouse's chagrin.  It's with absolute pleasure t...
I can stop bill collectors from calling me?
11.09.2014
Absolutely.  When you file a consumer proposal or assignment in bankruptcy the law prevents your creditors from continuing to contact you in any way; ...
You can keep your home and go bankrupt
Author : stevewelker
10.09.2014
It`s true.  You can declare bankruptcy and keep your home.  That said, there is a catch.  There`s always a catch... The bankruptcy system was designe...
What is a Trustee in Bankruptcy?
9.09.2014
From time to time, and for a variety of reasons, people often become unable to pay their debts.  This has been a long standing issue that the Canadian...
Obtaining Your Free Credit Report
Author : stevewelker
3.09.2014
A credit report is a snapshot of your financial history. It lists credit that you’ve obtained from companies that report to a credit-reporting agency ...
Know Your Options
29.08.2014
A Trustee in Bankruptcy is a licensed professional specializing in debt just like a medical doctor is a licensed professional specializing in your hea...