Consider A Consumer Proposal Or Debt Management Program Going bankrupt is generally a last resort for solving financial problems. If you’re struggling with debt, there are two common alternatives you should know about: filing a consumer proposal and setting up a debt...
At R. West & Associates, we’re often asked if the Canada Revenue Agency (CRA) will accept a proposal to settle a large income tax debt. The answer is often “yes,” as long as the proposal terms are reasonable and supportable. We’ve even helped individuals negotiate...
Many British Columbians have experienced personal and financial stress as a result of the COVID-19 pandemic. On the financial side, COVID-19 has causedchanges in household income and expenseschanges in people’s spending habitslong-term employment uncertainty,...
How We’re Taking Care and Staying Safe As a Licensed Insolvency Trustee, R. West and Associates, Inc. is considered an essential service. Consequently, we have been operating throughout the COVID-19 pandemic. We are following industry leading health and safety...
If you’re considering a consumer proposal to manage your debt, you’re not alone. About half of the people who come to see us initially choose this option for resolving their debt problem.A proposal is an agreement between you and your creditors. It allows you to...
We’ve all been there… We see an ad touting a product or service. It sounds too good to be true, yet we want to believe it because it’s something we need. Debt settlement ads are a good example. Some debt relief companies advertise consumer proposals and other debt...
