Q: Are you struggling to meet obligation or pay off all of the amount of money you have to repay?
A: A consumer proposal may allow you to compromise your outstanding debt to resolve your financial difficulties etc.
Q: Would you like additional time to pay your debts?
A: A consumer proposal allows you to repay your debt over up to a five year period.
Q: Do you want to stop the compounding of interest that increases your debt often daily?
A: Once you have filed a consumer proposal, the accumulation of interest on your debt stops.
Q: Do you want to avoid bankruptcy?
A: A consumer proposal is often preferred by both the debtor ,who pays back less money than originally owed, and by the lenders ,who receive a greater recovery than if you had declared bankruptcy.
Q: Do you want to keep control of your assets? Like your home and vehicles?
A: A consumer proposal will allow you to maintain control and possession of your assets.
Naturally, there is more information required to fully determine if a consumer proposal is ideal for your specific situation. Call today for a free consultation to determine the best option for you.