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Consumer Proposals and OSAP / Student Loans
Author : stevewelker
13.01.2021
When weighing your options to deal with your debt, its important to consider the implications of your potential decision. Many debtors seek the help of a Licensed Insolvency Trustee to get a fresh start, and that fresh start often involves more education to increase ...
Accountants (CPAs), Bankruptcy, and Consumer Proposals
Author : stevewelker
30.12.2020
The Chartered Professional Accountants (CPA) of Ontario require that applicants or members disclose making an assignment in bankruptcy or proposal t...
Budget vs. Debt Problems
Author : stevewelker
17.12.2020
Debt problems don't scare me. We offer solutions specifically designed to erase your debts. Budget problems are another matter. People of...
Sponsorship and Bankruptcy
Author : stevewelker
25.09.2020
Canada's sponsorship application form asks: "Are you an undischarged bankrupt under the Bankruptcy and Insolvency Act" Answering yes will ...
Switching Banks
Author : stevewelker
13.07.2020
A Consumer Proposal or Assignment in Bankruptcy represents a fresh start. In most cases, this requires a fresh start with a new bank as well. In ...
Surplus Income Payments During COVID
Author : stevewelker
2.04.2020
I'm bankrupt and I have less income due to COVID, do I still need to make surplus income payments to my trustee? The Bad News: COVID is affecti...
Yes, We’re Open! (COVID Update)
Author : stevewelker
30.03.2020
The last few weeks have been a challenging time for most Canadians, and just like the rest of Canada, we at Steve Welker and Company Inc. are rising...
COVID-19 Consumer Proposal Payment Arrears
Author : stevewelker
19.03.2020
APRIL 27, 2020 UPDATE An order of the Superior Court of Ontario, on application of the Office of the Superintendent of Bankruptcy was passed on...
Is A Proposal Legally Binding?
Author : stevewelker
18.07.2019
A Proposal is a formal legal proceeding that can only be filed with the help of a Licensed Insolvency Trustee in accordance with section 50 or 66 of...