Get peace of mind with a consumer proposal in Kelowna

We know that the majority of people who owe money want to pay their debts, but simply need more time to do so. Filing a consumer proposal in Kelowna 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 quality insight and debt management solutions involving a consumer proposal in Kelowna to help you avoid filing for bankruptcy. Contact our representatives today to see if you are eligible for a consumer proposal in Kelowna.

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Don’t suffer the stress of financial debt any longer. Contact your local BDO now for more information on filing a consumer proposal in Kelowna.

Consumer Proposal in Kelowna

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 Kelowna, you feel stronger about reclaiming your financial future.

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

What is a consumer proposal?

The number one question asked about filing a consumer proposal in Kelowna 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?

A consumer proposal is a debt management solution that works well for people who have accumulated up to $250,000 of debt. You should consider a consumer proposal if you want to retain your assets, desire relief from accumulating interest, or want to repay your debts with an adjusted payment time frame.

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stability  with  BDO  today!