Bankruptcy vs Consumer Proposal in Ontario? Which is the right one for you? Part 1

November 28, 2013 | Category: , , ,

Bankruptcy vs Consumer Proposal? Which is the right one for you? Part 1

First part of Prudent Financial’s video series:

Bankruptcy vs Consumer Proposal ? Choose the right debt management solution.

Too much debt! Need a way out? Know the difference between bankruptcy and consumer proposal.

Learn, which one is better bankruptcy or consumer proposal?

bankruptcy vs consumer proposal


Prudent reports all your Prudent loan payments to credit bureaus. But Prudent cannot “fix”  or “repair” your credit.  The credit bureau reports on the totality of your credit activities. The bureau updates regularly on your payments on credit cards, utilities, taxes  as well as to banks, finance companies, credit unions etc. Prudent does try to educate  its credit-challenged customers on wiser management of their financial affairs using information from responsible financial sources such as Bankruptcy Canada, Industry Canada, Credit Canada Debt Solutions, and BDO.

Like our video blog on “bankruptcy or consumer proposal”, then join Prudent’s free smart money club. This online club will keep you up to date on personal finance. Get tips on on smarter borrowing and investing, free or low cost fun activities in your area and more!



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