No Consumer Proposals in Africa

You heard it right and you probably heard it here first. There is just no such thing as a consumer proposal in Africa! Wondering why?

  1. Chances are there’s not a lot of money available to the general public. A lot of people strive to make $1 – $2 per day. Per day! So with that kind of income, you don’t exactly get yourself $60,000 in credit card debt very easily. That being said, there are other ways to help the people throughout the continent rid themselves of debt. After all there is a lot of European influence!
  2. The people with a lot of money have a lot of money and I mean a lot of money – like royalty money. So they just don’t often get into too much trouble.
  3. That being said there are over 50 countries in Africa, so it’s a bit hard to state like that – my focus was more on central / southern Africa.
  4. So, the big question or general wonderment of the day is where to get a consumer proposal if you’re in Canada and need one? Talk to a Licensed Insolvency trustee. They are the ones (just as they would with bankruptcy) that will help you through a consumer proposal and navigate the entire process.

If you’re thinking “oh I need a consumer proposal ontario is where I guess I have to be” – don’t! Don’t let the government and statistics fool you! There’s just more people in Ontario so it gets the most attention. You will want to make sure if you’re in Ontario you’re working with someone reputable, i.e.

Hoyes, Michalos & Associates Inc.
405 – 2 Simcoe Street South, Oshawa, ON L1H 8C1
(905) 448-3818

But if you’re anywhere else in Canada then that’s okay too! Here’s a video to help you understand:

Hopefully you found this video insightful – I know it helped me!

Studying Money In Barrie

Before getting too far into my ‘abroad’ experiences, I thought it would be best to talk about more about who I am and what my background is about. I not only feel it is important for a large basis of what I have planned for this website but also provides a bit of context as well as laughable irony to my story.

The Town of Barrie

The city of Barrie is a beautiful location. It’s further north than places like Toronto and away from the hustle and bustle of the rest of Southern Ontario. But it’s perfectly not too far and by no means isolated. It’s only a few hours north (not like taking an 18 hour drive to Thunder Bay). There’s so much beauty and culture there from the Georgian Theatre to the beautiful Lake Simcoe that encompasses a gorgeous downtown to the city.

My StudiesBarrie Bankruptcy

Interestingly enough, there’s no university in Barrie, Ontario! That being said it didn’t stop me from pursuing post secondary education there. “College?” you might be thinking, not exactly. I was enrolled in the Canadian Securities Institute’s PFP program to become a Professional Financial Planner, which would allow me to help residents through a local bank branch plan their financial futures in detail. The course material itself is very simply laid out and reads easily. The challenge however is come exam time, they ask very, very specific questions about just about anything you might have laid eyes on in the book, whether it was a minute detail or big piece of the puzzle. The other issue is staying on top of it on your own. I wasn’t working at a bank at the time and therefore had no guidance or support from my peers. It was all self taught and the discipline required some days was definitely a challenge. The little tough of irony I might ad (as mentioned above) was my pursuit of a bankruptcy Barrie trustee, despite my extensive financial background. My abroad opportunity put me in some serious financial hardships.

If it wasn’t for this map of all the great trustees around, I never would have found my way. I actually saw it on a bus stop window if you can believe it or not. Here was the map of my options:

The firm I ended up working with was:

Hoyes, Michalos & Associates Inc.
140 Dunlop Street East, Suite 205, Barrie, Ontario
(705) 719-4948

I would strongly recommend getting out and sitting down with one of the Trustees at Hoyes Michalos, they definitely know their stuff!

Welcome to Africa!

Or at least the start of your journey to studying abroad in Africa. These are my stories! I was backed by a number of universities and wanted to express my opinions to others regarding any opportunities they might have when it comes to being a part of something great like this.

Despite the massive financial hardship (even when being supported financially) – it was well worth the life lessons up to the last one: getting out from under my debt!

So sit back while we finish things up here and I can’t wait to tell you about all my experiences and why I think you should jump at anything like this (and definitely any money or financial support that can come with it to help!).

It was an experience of a lifetime – you don’t want to miss it!