Put your worries to rest with a consumer proposal in Lethbridge

We know that time is a major factor when it comes to paying off your debts and that with more time, you could. Filing a consumer proposal in Lethbridge can provide you with that extra time you need to make payments while protecting the things that matter most to you, such as your assets (home, car or RRSPs). We at BDO can provide you with professional, lasting solutions involving your debt including insight into the process of making a consumer proposal in Lethbridge. Contact us today at BDO to check your eligibility for filing a consumer proposal in Lethbridge.

Call BDO today for information on filing a consumer proposal in Lethbridge

Make debt more manageable with help from BDO

You don’t have to struggle with overwhelming debt any longer. BDO can help, contact a local representative today about a consumer proposal in Lethbridge.

Consumer Proposal in Lethbridge

If you have decided on using a consumer proposal as a way to break free of financial debt, it’s imperative that you have as much insight as possible into the process. When you are kept well informed, you have a greater understanding of how the process will benefit you in the long run and provide you with financial clarity.

Here are three of our frequently asked questions involving a consumer proposal in Lethbridge:

What is a consumer proposal?

The main question asked in regards to a consumer proposal in Lethbridge is what does it contain and what exactly is it? A consumer proposal is a legal process which provides individuals seeking debt help with an opportunity to modify payments to creditors. All payments are adjusted so that the required time to pay is extended over a longer period and the amount required is reduced.

What is the purpose of a consumer proposal?

The primary purpose of a consumer proposal is, while avoiding bankruptcy, arranging a settlement with creditors. Things such as harassing call, garnishees and other aggressive actions from creditors will be stopped once the consumer proposal is filed.

Who can make a consumer proposal?

If your financial debt has reached up to $250,000 dollars of debt, arranging a consumer proposal is the most effective form of debt management for you. You should consider a consumer proposal if you want to retain your assets, are looking for relief from growing interest charges, or want to adjust your payment plan to something that works better for you.

Get on the road to financial
stability  with  BDO  today!