If customers can’t find it, it doesn’t exist. Clearly list and describe the services you offer. Also, be sure to showcase a premium service.
Bruised Credit - When you have an R5 or I5, or higher (R2, R3, R4) this would indicate your credit is bruised. However, you can quickly fix your credit and return to an R1 or I1 status by paying the debt up to date. This can greatly improve your credit score.
Bankruptcy is a legal proceeding involving a person or business that is unable to repay their outstanding debts. The bankruptcy process begins with a petition filed by the debtor, which is most common, or on behalf of creditors, which is less common.
Running a holiday sale or weekly special? Definitely promote it here to get customers excited about getting a sweet deal.
A consumer proposal is a formal, legally binding process that is administered by a licensed Insolvency Trustee (LIT). In this process, the LIT will work with you to develop a "Proposal" which is an offer to pay creditors a percentage of what i owed to them, or extend the time you have to pay off the debts, or both.
Insolvency is a state of financial distress in which a business or person is unable to pay their bills.