Put your worries to rest with a consumer proposal in Barrie

We know that time is a major factor when it comes to paying off your debts and that with more time, you could. Fortunately, making a consumer proposal in Barrie gives you the time and terms you need to pay your debts, protect your assets and avoid bankruptcy. We at BDO can provide you with quality insight and debt management solutions involving a consumer proposal in Barrie to help you avoid filing for bankruptcy. Talk to a BDO representative about your eligibility to file a consumer proposal in Barrie.

Contact BDO today about filing a consumer proposal in Barrie

BDO can help make debt more manageable

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

Questions often asked about a consumer proposal in Barrie

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 Barrie, you feel stronger about reclaiming your financial future.

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

What is a consumer proposal?

The number one question asked is, what exactly is involved in a consumer proposal in Barrie? A consumer proposal is a legal process which provides individuals seeking debt help with an opportunity to modify payments to creditors. Your payments are adjusted so that the re-payment amount is reduced and the payment period is extended.

What is the purpose of a consumer proposal?

The purpose of a Consumer Proposal is to provide the opportunity to make a settlement with creditors while avoiding bankruptcy. Once contacted, all harassing calls, garnishees and other negative actions will be stopped once the Consumer proposal is filed.

Who can make a consumer proposal?

A consumer proposal is a good debt solution if you are someone who is carrying debt between $5,000 to $250,000. Additionally, you should consider a consumer proposal if you want to retain your assets (house, RRSP), want relief from accumulating interest, or want to repay your debts but just need a more reasonable re-payment plan.

Get on the road to financial
stability  with  BDO  today!