When is a consumer proposal the right solution?
When your debt has accumulated to the point where it is unmanageable, or perhaps a creditor has made an unrealistic demand for payment leading to enforcement action, you may be looking for a solution that stops collections, halts interest from building up further, and provides you with room to breathe.
A Consumer Proposal is suited to an individual who needs immediate debt relief, who is having difficulty managing payment obligations, who earns a decent or higher income, and who has assets like a home or vehicle.
If you would like more information about filing for a Consumer Proposal, please reach out to us today.
Consumer proposal benefits
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Reduce debt
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Consolidate to a single monthly payment
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Stop interest
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Unfreeze bank accounts
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Stop wage garnishments
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Interest-free repayment