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Canadians in Debt From Really Expensive Sheets

I think you’ll like the intro to this story from Canada.

The story mentions two debt options. A consumer proposal is like an Individual Voluntary Arrangement (IVA) like offered in the UK. In the U.S. the closest similar solution would be a Chapter 13 bankruptcy.

It’s interesting to see warnings in Canada to avoid payday loans.


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Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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