Put your worries to rest with a consumer proposal in Cambridge

We understand that most people out there are very capable of paying their debts, they simply need more time. Filing a consumer proposal in Cambridge 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 Cambridge to help you avoid filing for bankruptcy. Contact a BDO trustee today to find out where you stand on filing a consumer proposal in Cambridge.

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

Make debt more manageable with help from BDO

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

Questions often asked about a consumer proposal in Cambridge

If you’re considering a consumer proposal in an effort to break free from debt, it’s essential that you understand as much as you can about the process. When you’re properly informed you’ll feel more confident about taking this next step in reclaiming your financial freedom.

Here are three of our most frequently asked questions about the consumer proposal:

What is a consumer proposal?

The number one question asked is, what exactly is involved in a consumer proposal in Cambridge? 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 main purpose of a Consumer Proposal is to provide an opportunity to readjust your payment options while avoiding bankruptcy. Harassing calls, garnishees, and other actions by 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!