Consumer proposals are on the rise all across Canada and even more in Quebec. In fact, from 2012 to 2013, the number of consumer proposals increased by 5.4% in Canada and 28.7% in Quebec! At the same time, the number of personal bankruptcies declined by 3.2% in Canada. No doubt that the consumer proposal is becoming the solution of choice for debtors.
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What Everyone Should Know About the Bankruptcy Trustee
There are those professionals that nobody wants to have to meet: the dentist, the doctor, the lawyer, the bailiff… and the trustee. However, you should know that all these people have the ability to help you solve your problems (health problems, legal problems, financial problems, etc.). Consulting a professional is always the right decision.
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A Difficult Year Financially for Quebecers
Just as many of us thought we were coming out of an economic recession and that things were getting better, we realize that it is not the case for everyone.
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Pierre Roy & Associés publishes its first survey on student finances in Quebec
MONTREAL, January 9th, 2013 – Pierre Roy & Associés, bankruptcy trustees, published the first edition of its survey on the state of personal finances and debt of Quebec university students.
The survey was administered electronically, mostly via social media, to 123 participants between October 29th and November 5th à 2013. Participants came from several Quebec universities: University of Montreal, UQAM, Concordia, McGill, Laval University, and others.
The survey follows the latest events linked to the student crisis and tries to analyze the financial situation of university students. Particular attention has been paid in regard to funding, debt and expected remuneration after graduation.
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How to Declare Bankruptcy: The Bankruptcy Process
If you are reading this article, it’s probably because you’re tired of being held by the throat by your debts. Are you looking to make a fresh start that will allow you to rebuild on solid grounds, without your creditors harassing you constantly?
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Personal Bankruptcy and Student Loans
You have student loans but you are no longer able to pay them? Thinking about personal bankruptcy to settle your debts? Be careful, as it could be that your student loans are not dischargeable!
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How to rebuild your credit after a bankruptcy?
After being discharged from a bankruptcy or having completed a proposal, you will probably want to rebuild your credit. Your credit rating will have been affected, but it will only be temporary if you follow the tips outlined in this guide.
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The 6 Myths About Bankruptcy
For the majority of consumers struggling with financial difficulties, it is unlikely that they share with friends and family their questions or fears about bankruptcy. In this article, we will shed light on the six common myths about bankruptcy.
Read moreA Low Cost Christmas!
Celebrating Christmas without breaking the bank account – is it actually possible? Pierre Roy & Associates, advisors in financial restructuring and bankruptcy trustees, propose a few tips to limit the consequences of the holiday season on your family budget. The multiplication of gifts offered, invitations that accumulate left and right, numerous trips made, the purchase of a new sports blazer for “Mr.” and the ravishing dress for “Ms.” inevitably entails additional pressure on the family budget.
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Sands & Associates Releases First Annual BC Consumer Debt Study
Sands & Associates, B.C.’s largest firm of licensed trustees and proposal administrators announces the results of its first annual BC Consumer Debt Study, profiling trends and key information regarding the consumer debt levels of British Columbians, specifically from markets throughout Vancouver and the Fraser Valley.
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