Put your worries to rest with a consumer proposal in Red Deer

We understand that most people out there are very capable of paying their debts, they simply need more time. That is why BDO can provide you with a consumer proposal in Red Deer that will give you the time necessary to make important payments, avoid bankruptcy and protect your assets. At BDO, we provide professional, confidential debt management assistance and advice about the process surrounding a consumer proposal in Red Deer, bankruptcy filing and more. Contact a BDO trustee today to find out where you stand on filing a consumer proposal in Red Deer.

Talk to BDO about filing your consumer proposal in Red Deer, today

BDO can help make debt more manageable

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

Questions often asked about a consumer proposal in Red Deer

Understanding everything you can about the consumer proposal process is the first step you should take when trying to break free of financial debt. When you’re properly informed about filing a consumer proposal in Red Deer, you feel stronger about reclaiming your financial future.

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

What is a consumer proposal?

The number one question asked about filing a consumer proposal in Red Deer is “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. Payments are adjusted and the required time to make any payment is extended over a longer period, reducing the amount of each payment.

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!